ADI EIENDOM AS: årsregnskap 2014 vs 2013
Mixed movements in the accounts
approved 2015-05-12; registry 2015-06-16; journal 2015 467230
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADI EIENDOM AS. Revenue 662.4k NOK → 640.9k NOK (-3.2%). Equity 3.12m NOK → 287.1k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADI EIENDOM AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 117.2k NOK → 165.7k NOK (+41.4% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.73× → 1.44×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 662.4k NOK to 640.9k NOK (-3.2% YoY). Calculated
-
↓
Equity eroded
Book equity 3.12m NOK → 287.1k NOK (equity ratio 60.1% → 5.5%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 5.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation