ABG SUNDAL COLLIER ASA: årsregnskap 2013 vs 2012
Shrank 100% on revenue, cash halved-plus
approved 2014-04-24; registry 2014-05-19; journal 2014 403654
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ABG SUNDAL COLLIER ASA. Revenue 496.57bn NOK → 534.0k NOK (-100.0%). Equity 25.20bn NOK → 839.12m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ABG SUNDAL COLLIER ASA.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 14343775000.36bn NOK → 10 NOK (2888556322% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 496.57bn NOK to 534.0k NOK (-100.0% YoY). Calculated
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↓
Equity eroded
Book equity 25.20bn NOK → 839.12m NOK (equity ratio 1290.9% → 26.5%). Calculated
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↓
Cash fell
Bank deposits 420.42m NOK → 672.2k NOK (-99.8% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (420.42m NOK → 672.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 628.65bn NOK → 628.65m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 195037.20bn NOK → 11.4k NOK. Reported fact