A.T. TAASEN HOLDING AS: årsregnskap 2014 vs 2013
Cash halved-plus
approved 2015-06-12; registry 2015-09-07; journal 2015 800984
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A.T. TAASEN HOLDING AS. Equity -1.13m NOK → -1.31m NOK.
Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A.T. TAASEN HOLDING AS.
At a glance
Scorecard
What deteriorated
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↓
Equity eroded
Book equity -1.13m NOK → -1.31m NOK (equity ratio -38.8% → -46.9%). Calculated
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↓
Cash fell
Bank deposits 121.4k NOK → 2 183 NOK (-98.2% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 10.56× → 0.14× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -46.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation