ADER SPORTS AS: årsregnskap 2014 vs 2013
Mixed movements in the accounts
approved 2015-06-30; registry 2015-09-21; journal 2015 858408
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADER SPORTS AS. Equity 25.4k NOK → 7 713 NOK.
On the constructive side: cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADER SPORTS AS.
At a glance
Scorecard
Revenue
0 NOK
n/m
—
Operating result
+6 354 NOK
n/m
—
Net result
+4 621 NOK
n/m
—
Equity
25.4k NOK
7 713 NOK
-69.6%
Cash
23.7k NOK
141.7k NOK
+498.7%
Total assets
25.4k NOK
227.7k NOK
+797.2%
What improved
-
↑
Cash rose
Bank deposits 23.7k NOK → 141.7k NOK (+498.7% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 25.4k NOK → 7 713 NOK (equity ratio 100.0% → 3.4%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 3.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation