Org.nr 998 750 520 2012 → 2013 Year-over-year analysis

ABELS GATE 22 AS: årsregnskap 2013 vs 2012

Another loss-making year

approved 2014-05-26; registry 2014-06-04; journal 2014 437398

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ABELS GATE 22 AS. Net result -18.5k NOK → -11.9k NOK. Equity 206 NOK → -11.7k NOK.

On the constructive side: net result improved; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABELS GATE 22 AS.

Scorecard

Net result
-18.5k NOK -11.9k NOK
+35.6%
Equity
206 NOK -11.7k NOK
-5794.7%
Cash
21.9k NOK 524.0k NOK
+2298.0%
Total assets
3 173 NOK 3.78m NOK
+119080.1%

What improved

  • ↑

    Net result improved

    Net result -18.5k NOK → -11.9k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 21.9k NOK → 524.0k NOK (+2298.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 206 NOK → -11.7k NOK (equity ratio 6.5% → -0.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation