Org.nr 993 550 132 2012 → 2013 Year-over-year analysis

ABERSCOT AS: årsregnskap 2013 vs 2012

Stronger earnings, cash halved-plus

approved 2014-06-03; registry 2014-07-07; journal 2014 548556

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ABERSCOT AS. Net result +4 566 NOK → +120.0k NOK. Equity -64.1k NOK → 55.9k NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABERSCOT AS.

Scorecard

Operating result
n/m +180.79bn NOK
—
Net result
+4 566 NOK +120.0k NOK
+2528.9%
Equity
-64.1k NOK 55.9k NOK
+187.2%
Cash
8 272 NOK 1 407 NOK
-83.0%
Total assets
377.9k NOK 931.0k NOK
+146.4%

What improved

  • ↑

    Net result improved

    Net result +4 566 NOK → +120.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -64.1k NOK → 55.9k NOK (equity ratio -17.0% → 6.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 8 272 NOK → 1 407 NOK (-83.0% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.20× → 0.20× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2 369 NOK → 929.6k NOK. Reported fact