ACAX DEVELOPMENT AS: årsregnskap 2013 vs 2012
Fresh owner capital
approved 2014-03-14; registry 2014-10-06; journal 2014 862168
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ACAX DEVELOPMENT AS. Revenue 0 NOK → 641.3k NOK. Equity 20.5k NOK → -52.9k NOK.
On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACAX DEVELOPMENT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 641.3k NOK. Calculated
-
↑
Cash rose
Bank deposits 30.0k NOK → 100.2k NOK (+233.9% YoY). Calculated
-
↑
Owners injected capital
Paid-in equity rose 20.5k NOK → 30.0k NOK (+9 485 NOK). Reported fact
What deteriorated
-
↓
Operating result weakened
Operating result 0 NOK → -72.8k NOK. Calculated
-
↓
Equity eroded
Book equity 20.5k NOK → -52.9k NOK (equity ratio 68.4% → -47.4%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.16× → 0.68× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -47.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation