Org.nr 960 813 103 2012 → 2013 Year-over-year analysis

ACCOUNTNET INVEST AS: årsregnskap 2013 vs 2012

Mixed movements in the accounts

approved 2014-06-20; registry 2014-06-25; journal 2014 506866

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ACCOUNTNET INVEST AS. Revenue 205.5k NOK → 208.1k NOK (+1.2%). Equity 956.6k NOK → 78.8k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCOUNTNET INVEST AS.

At a glance

Revenue

205.5k NOK 208.1k NOK

+1.2%

Net result

+181.8k NOK n/m

—

Equity

956.6k NOK 78.8k NOK

-91.8%

Cash

27.5k NOK 103.8k NOK

+277.4%

Total assets

200.8k NOK 1.24m NOK

+518.3%

↑
Revenue rose

Operating income / revenue moved from 205.5k NOK to 208.1k NOK (+1.2% YoY). Calculated
↑
Cash rose

Bank deposits 27.5k NOK → 103.8k NOK (+277.4% YoY). Calculated

↓
Equity eroded

Book equity 956.6k NOK → 78.8k NOK (equity ratio 476.4% → 6.3%). Calculated

·
Thin equity buffer

Equity ratio is 6.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation