A. VARHAUG HOLDING AS: årsregnskap 2014 vs 2013
Cash halved-plus
approved 2015-05-19; registry 2015-06-20; journal 2015 493596
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for A. VARHAUG HOLDING AS. Equity 3.96m NOK → 3.59m NOK.
Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A. VARHAUG HOLDING AS.
At a glance
Scorecard
Equity
3.96m NOK
3.59m NOK
-9.1%
Cash
216.3k NOK
15.5k NOK
-92.8%
Total assets
4.57m NOK
5.29m NOK
+15.7%
What deteriorated
-
↓
Equity eroded
Book equity 3.96m NOK → 3.59m NOK (equity ratio 86.6% → 68.0%). Calculated
-
↓
Cash fell
Bank deposits 216.3k NOK → 15.5k NOK (-92.8% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.18× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 3.23m NOK → 435.4k NOK. Reported fact