FirmaIQ
Org.nr 999 254 632 2012 → 2013 Year-over-year analysis

ABYSS GROUP AS: årsregnskap 2013 vs 2012

Weaker earnings

approved 2014-06-30; registry 2014-09-02; journal 2014 752541

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ABYSS GROUP AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -1 293 NOK → -20.7k NOK. Equity 90.4k NOK → 69.7k NOK.

On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ABYSS GROUP AS.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-1 310 NOK -18.3k NOK
-1298.6%
Net result
-1 293 NOK -20.7k NOK
-1504.6%
Equity
90.4k NOK 69.7k NOK
-22.9%
Cash
5 017 NOK 9 659 NOK
+92.5%
Total assets
100.0k NOK 15.01m NOK
+14912.1%

What improved

  • ↑

    Cash rose

    Bank deposits 5 017 NOK → 9 659 NOK (+92.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -1 310 NOK → -18.3k NOK. Calculated

  • ↓

    Net result weakened

    Net result -1 293 NOK → -20.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 90.4k NOK → 69.7k NOK (equity ratio 90.4% → 0.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 95.0k NOK → 15.01m NOK. Reported fact