ACORP HOLDING AS: årsregnskap 2013 vs 2012
Weaker earnings
approved 2014-06-30; registry 2014-09-09; journal 2014 799152
Summary
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.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 542 NOK → 20.3k NOK (+3642.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.98× → 7.82×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -430.5k NOK → -1.16m NOK. Calculated
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↓
Net result weakened
Net result -496.4k NOK → -1.27m NOK. Calculated
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↓
Equity eroded
Book equity 19.5k NOK → -766.2k NOK (equity ratio 1.1% → -73.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -73.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation