ABILDGAARD HOLDING AS: årsregnskap 2014 vs 2013
Stronger earnings, cash halved-plus
approved 2015-06-02; registry 2015-06-25; journal 2015 514919
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABILDGAARD HOLDING AS. Net result -2.03m NOK → -13.2k NOK. Equity 7.21m NOK → 195.9k NOK.
On the constructive side: net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ABILDGAARD HOLDING AS.
At a glance
Scorecard
Net result
-2.03m NOK
-13.2k NOK
+99.4%
Equity
7.21m NOK
195.9k NOK
-97.3%
Cash
21.5k NOK
8 277 NOK
-61.4%
Total assets
2.71m NOK
2.70m NOK
-0.5%
What improved
-
↑
Net result improved
Net result -2.03m NOK → -13.2k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 7.21m NOK → 195.9k NOK (equity ratio 266.1% → 7.3%). Calculated
-
↓
Cash fell
Bank deposits 21.5k NOK → 8 277 NOK (-61.4% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 7.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation