AB Invest A/S: årsregnskap 2014 vs 2013
Shrank 97% on revenue
approved 2015-06-30; registry 2015-10-06; journal 2015 908743
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AB Invest A/S. Revenue 5.81m NOK → 175.0k NOK (-97.0%). Equity 10.17bn NOK → 158.59m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AB Invest A/S.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 6.89m NOK → 25.61m NOK (+271.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.81m NOK to 175.0k NOK (-97.0% YoY). Calculated
-
↓
Equity eroded
Book equity 10.17bn NOK → 158.59m NOK (equity ratio 3665.6% → 5.4%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.34× → 0.77× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 5.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Paid-in equity reduced
Paid-in equity fell 76.00m NOK → 70.30m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 10.84m NOK → 10 NOK. Reported fact