Org.nr 990 330 441 2012 → 2013 Year-over-year analysis

ABE INVEST AS: årsregnskap 2013 vs 2012

Mixed movements in the accounts

approved 2014-03-20; registry 2014-05-19; journal 2014 405476

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ABE INVEST AS. Equity 695.8k NOK → 216.4k NOK.

Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABE INVEST AS.

Scorecard

Revenue
0 NOK n/m
—
Operating result
-3 439 NOK -24.3k NOK
-607.1%
Equity
695.8k NOK 216.4k NOK
-68.9%
Cash
55.7k NOK 40.3k NOK
-27.6%
Total assets
2.86m NOK 3.19m NOK
+11.8%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -3 439 NOK → -24.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 695.8k NOK → 216.4k NOK (equity ratio 24.4% → 6.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 55.7k NOK → 40.3k NOK (-27.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2.80m NOK → 3.15m NOK. Reported fact