ADMIN AS: årsregnskap 2015 vs 2014
Cash halved-plus
approved 2016-06-30; registry 2016-08-30; journal 2016 881443
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADMIN AS. Equity 3 009 NOK → -90.0k NOK.
Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADMIN AS.
At a glance
Scorecard
Revenue
n/m
0 NOK
—
Net result
n/m
+93.0k NOK
—
Equity
3 009 NOK
-90.0k NOK
-3089.9%
Cash
3 667 NOK
19 NOK
-99.5%
Total assets
63.2k NOK
59.6k NOK
-5.8%
What deteriorated
-
↓
Equity eroded
Book equity 3 009 NOK → -90.0k NOK (equity ratio 4.8% → -151.0%). Calculated
-
↓
Cash fell
Bank deposits 3 667 NOK → 19 NOK (-99.5% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -151.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation