ACCOUNTIT HYLLE14 AS: årsregnskap 2013 vs 2012
Shrank 45% on revenue, slipped into loss
approved 2014-05-15; registry 2014-06-12; journal 2014 455277
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ACCOUNTIT HYLLE14 AS. Revenue 403.9k NOK → 223.9k NOK (-44.5%). Net result +1 834 NOK → -18.1k NOK. Equity 31.8k NOK → 13.7k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCOUNTIT HYLLE14 AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 184.0k NOK → 184.36m NOK (+100089.2% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 403.9k NOK to 223.9k NOK (-44.5% YoY). Calculated
-
↓
Operating result weakened
Operating result +9 921 NOK → -2 419 NOK (op. margin 2.5% → -1.1%). Calculated
-
↓
Fell into a net loss
Net result flipped from 1 834 NOK profit to a loss of 18.1k NOK. Calculated
-
↓
Equity eroded
Book equity 31.8k NOK → 13.7k NOK (equity ratio 289400.0% → 0.0%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.20× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation