ACHATES INVEST AS: årsregnskap 2013 vs 2012
Mixed movements in the accounts
approved 2014-05-05; registry 2014-06-04; journal 2014 435846
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ACHATES INVEST AS. Equity -1.05m NOK → -1.11m NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACHATES INVEST AS.
At a glance
Scorecard
Revenue
n/m
0 NOK
—
Operating result
n/m
-9 453 NOK
—
Equity
-1.05m NOK
-1.11m NOK
-5.9%
Cash
88.3k NOK
79.3k NOK
-10.2%
Total assets
88.3k NOK
79.3k NOK
-10.2%
What deteriorated
-
↓
Equity eroded
Book equity -1.05m NOK → -1.11m NOK (equity ratio -1186.5% → -1399.9%). Calculated
-
↓
Cash fell
Bank deposits 88.3k NOK → 79.3k NOK (-10.2% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -1399.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation