Org.nr 998 750 520 2013 → 2014 Year-over-year analysis

ABELS GATE 22 AS: årsregnskap 2014 vs 2013

Weaker earnings

approved 2015-05-19; registry 2015-06-08; journal 2015 437514

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for ABELS GATE 22 AS. Net result -11.9k NOK → -22.6k NOK. Equity -11.7k NOK → -34.4k NOK.

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

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

Scorecard

Net result
-11.9k NOK -22.6k NOK
-89.5%
Equity
-11.7k NOK -34.4k NOK
-192.8%
Cash
524.0k NOK 353.3k NOK
-32.6%
Total assets
3.78m NOK 3.77m NOK
-0.4%

What deteriorated

  • ↓

    Net result weakened

    Net result -11.9k NOK → -22.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -11.7k NOK → -34.4k NOK (equity ratio -0.3% → -0.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 524.0k NOK → 353.3k NOK (-32.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation