Org.nr 989 159 429 2012 → 2013 Year-over-year analysis

ABSOLUTE AS: årsregnskap 2013 vs 2012

Slipped into loss, cash halved-plus

approved 2014-05-31; registry 2014-07-19; journal 2014 594508

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ABSOLUTE AS. Net result +3 445 NOK → -8 713 NOK. Equity 803.5k NOK → 794.8k NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

At a glance

Operating result

-7 290 NOK -16.0k NOK

-119.2%

Net result

+3 445 NOK -8 713 NOK

-352.9%

Equity

803.5k NOK 794.8k NOK

-1.1%

Cash

518.3k NOK 94.3k NOK

-81.8%

Total assets

1.01m NOK 2.00m NOK

+98.5%

↓
Operating result weakened

Operating result -7 290 NOK → -16.0k NOK. Calculated
↓
Fell into a net loss

Net result flipped from 3 445 NOK profit to a loss of 8 713 NOK. Calculated
↓
Equity eroded

Book equity 803.5k NOK → 794.8k NOK (equity ratio 79.9% → 39.8%). Calculated
↓
Cash fell

Bank deposits 518.3k NOK → 94.3k NOK (-81.8% YoY). Calculated

·
Book investments changed

Investment / intangible book value 487.0k NOK → 4 487 NOK. Reported fact