ABRI AS: årsregnskap 2013 vs 2012
Slipped into loss, cash halved-plus
approved 2014-06-12; registry 2014-06-21; journal 2014 479436
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ABRI AS. Net result +157.2k NOK → -2.02m NOK. Equity 25.09m NOK → 23.07m NOK.
On the constructive side: operating result improved. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ABRI AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -18.6k NOK → -15.0k NOK. Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 157.2k NOK profit to a loss of 2.02m NOK. Calculated
-
↓
Equity eroded
Book equity 25.09m NOK → 23.07m NOK (equity ratio 99.8% → 99.7%). Calculated
-
↓
Cash fell
Bank deposits 4.70m NOK → 1.04m NOK (-77.9% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (4.70m NOK → 1.04m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation