Org.nr 996 785 173 2012 → 2013 Year-over-year analysis

A TIL Å UTVIKLING AS: årsregnskap 2013 vs 2012

Returned to profit

approved 2014-04-28; registry 2014-06-14; journal 2014 456197

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for A TIL Å UTVIKLING AS. Revenue 0 NOK → 3 042 NOK. Net result -284.1k NOK → 0 NOK. Equity 148.2k NOK → -125.5k NOK.

On the constructive side: revenue rose; turned profitable; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A TIL Å UTVIKLING AS.

Scorecard

Revenue
0 NOK 3 042 NOK
—
Net result
-284.1k NOK 0 NOK
+100.0%
Equity
148.2k NOK -125.5k NOK
-184.7%
Cash
148.2k NOK 467.4k NOK
+215.4%
Total assets
210.7k NOK 5.52m NOK
+2518.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 3 042 NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 284.1k NOK to a profit of 0 NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 148.2k NOK → 467.4k NOK (+215.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.08× → 2153.54×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 148.2k NOK → -125.5k NOK (equity ratio 70.3% → -2.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -2.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation