Org.nr 995 011 050 2012 → 2013 Year-over-year analysis

ABYSSINIA RESOURCES DEVELOPMENT AS: årsregnskap 2013 vs 2012

Cash halved-plus, fresh owner capital

approved 2014-06-30; registry 2014-10-14; journal 2014 865633

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ABYSSINIA RESOURCES DEVELOPMENT AS. Equity 8.07m NOK → 14.04m NOK.

On the constructive side: equity strengthened; owners injected capital. 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 ABYSSINIA RESOURCES DEVELOPMENT AS.

Scorecard

Equity
8.07m NOK 14.04m NOK
+74.1%
Cash
176.9k NOK 4 785 NOK
-97.3%
Total assets
13.49m NOK 14.31m NOK
+6.1%

What improved

  • ↑

    Equity strengthened

    Book equity 8.07m NOK → 14.04m NOK (equity ratio 59.8% → 98.1%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 8.07m NOK → 14.04m NOK (+5.98m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 176.9k NOK → 4 785 NOK (-97.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 4.64× → 0.17× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3 NOK → 14.27m NOK. Reported fact