A2 INVEST AS: årsregnskap 2013 vs 2012
Weaker earnings, cash halved-plus
approved 2014-06-30; registry 2014-08-30; journal 2014 742872
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for A2 INVEST AS. Net result +263.4k NOK → +172.7k NOK. Equity 4.74m NOK → 4.41m NOK.
On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for A2 INVEST AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -17.8k NOK → -8 764 NOK. Calculated
What deteriorated
-
↓
Net result weakened
Net result +263.4k NOK → +172.7k NOK. Calculated
-
↓
Equity eroded
Book equity 4.74m NOK → 4.41m NOK (equity ratio 68.3% → 87.8%). Calculated
-
↓
Cash fell
Bank deposits 1.40m NOK → 249.9k NOK (-82.2% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.40m NOK → 249.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation