ACHATES INVEST AS: årsregnskap 2014 vs 2013
Mixed movements in the accounts
approved 2015-05-03; registry 2015-09-10; journal 2015 820466
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ACHATES INVEST AS. Equity -1.11m NOK → -1.12m NOK.
On the constructive side: operating result improved; current ratio back above 1×. 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
What improved
-
↑
Operating result improved
Operating result -9 453 NOK → -2 285 NOK. Calculated
-
↑
Current ratio back above 1×
Current ratio 0.07× → 63.64×. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -1.11m NOK → -1.12m NOK (equity ratio -1399.9% → -1472.5%). Calculated
-
↓
Cash fell
Bank deposits 79.3k NOK → 76.1k NOK (-4.0% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -1472.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation