A-TANCHECENTER AS: årsregnskap 2013 vs 2012
Shrank 100% on revenue, cash halved-plus
approved 2014-06-29; registry 2014-07-19; journal 2014 593648
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for A-TANCHECENTER AS. Revenue 225.0k NOK → 465 NOK (-99.8%). Equity 40.0k NOK → -149.8k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A-TANCHECENTER AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 225.0k NOK to 465 NOK (-99.8% YoY). Calculated
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↓
Equity eroded
Book equity 40.0k NOK → -149.8k NOK (equity ratio 35.5% → -1181.9%). Calculated
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↓
Cash fell
Bank deposits 112.5k NOK → 12.7k NOK (-88.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.55× → 0.08× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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Payroll up without matching revenue
Salary cost 124.3k NOK → 348.0k NOK (55% → 74847% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1181.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation