AB FJORDLAND AS: årsregnskap 2013 vs 2012
Shrank 99% on revenue, weaker earnings, cash halved-plus
approved 2014-04-24; registry 2014-08-12; journal 2014 645599
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for AB FJORDLAND AS. Revenue 183.0k NOK → 1 383 NOK (-99.2%). Net result -209.1k NOK → -387.2k NOK. Equity 6.73m NOK → 9.14m NOK.
On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AB FJORDLAND AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 6.73m NOK → 9.14m NOK (equity ratio 58.3% → 37.4%). Calculated
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Owners injected capital
Paid-in equity rose 7.87m NOK → 10.67m NOK (+2.80m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 183.0k NOK to 1 383 NOK (-99.2% YoY). Calculated
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↓
Net result weakened
Net result -209.1k NOK → -387.2k NOK (net margin -114.2% → -28000.7%). Calculated
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↓
Cash fell
Bank deposits 2.89m NOK → 133.7k NOK (-95.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.64× → 0.47× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.89m NOK → 133.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation