ABSOLUTE AS: årsregnskap 2014 vs 2013
Returned to profit
approved 2015-06-05; registry 2015-08-11; journal 2015 700861
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ABSOLUTE AS. Net result -8 713 NOK → +71.8k NOK. Equity 794.8k NOK → 866.6k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ABSOLUTE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -16.0k NOK → -7 500 NOK. Calculated
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↑
Turned profitable
Net result flipped from a loss of 8 713 NOK to a profit of 71.8k NOK. Calculated
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↑
Equity strengthened
Book equity 794.8k NOK → 866.6k NOK (equity ratio 39.8% → 81.0%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 94.3k NOK → 88.1k NOK (-6.5% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 4.92× → 0.34× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 4 487 NOK → 4 NOK. Reported fact