Org.nr 995 075 040 2012 → 2013 Year-over-year analysis

ACORP HOLDING AS: årsregnskap 2013 vs 2012

Weaker earnings

approved 2014-06-30; registry 2014-09-09; journal 2014 799152

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for ACORP HOLDING AS. Net result -496.4k NOK → -1.27m NOK. Equity 19.5k NOK → -766.2k NOK.

On the constructive side: cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.

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

Scorecard

Revenue
0 NOK n/m
—
Operating result
-430.5k NOK -1.16m NOK
-168.4%
Net result
-496.4k NOK -1.27m NOK
-155.0%
Equity
19.5k NOK -766.2k NOK
-4038.8%
Cash
542 NOK 20.3k NOK
+3642.4%
Total assets
1.84m NOK 1.04m NOK
-43.3%

What improved

  • ↑

    Cash rose

    Bank deposits 542 NOK → 20.3k NOK (+3642.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.98× → 7.82×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -430.5k NOK → -1.16m NOK. Calculated

  • ↓

    Net result weakened

    Net result -496.4k NOK → -1.27m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 19.5k NOK → -766.2k NOK (equity ratio 1.1% → -73.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -73.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation