ADER SPORTS AS: årsregnskap 2015 vs 2014
Cash halved-plus
approved 2016-08-01; registry 2016-09-10; journal 2016 927095
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADER SPORTS AS. Equity 7 713 NOK → -30.5k NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADER SPORTS AS.
At a glance
Scorecard
Net result
n/m
-23.7k NOK
—
Equity
7 713 NOK
-30.5k NOK
-495.1%
Cash
141.7k NOK
34.9k NOK
-75.4%
Total assets
227.7k NOK
189.5k NOK
-16.8%
What deteriorated
-
↓
Equity eroded
Book equity 7 713 NOK → -30.5k NOK (equity ratio 3.4% → -16.1%). Calculated
-
↓
Cash fell
Bank deposits 141.7k NOK → 34.9k NOK (-75.4% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -16.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation