ABILITY GROUP AS: årsregnskap 2014 vs 2013
Cash halved-plus
approved 2015-06-25; registry 2015-07-09; journal 2015 581023
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABILITY GROUP AS. Equity -106.5k NOK → -262.0k NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABILITY GROUP AS.
At a glance
Scorecard
Revenue
63.5k NOK
n/m
—
Net result
-280.3k NOK
n/m
—
Equity
-106.5k NOK
-262.0k NOK
-146.1%
Cash
330.6k NOK
97.1k NOK
-70.6%
Total assets
492.2k NOK
168.8k NOK
-65.7%
What deteriorated
-
↓
Equity eroded
Book equity -106.5k NOK → -262.0k NOK (equity ratio -21.6% → -155.2%). Calculated
-
↓
Cash fell
Bank deposits 330.6k NOK → 97.1k NOK (-70.6% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -155.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 161.2k NOK → 64.8k NOK. Reported fact