ADVACO AS: årsregnskap 2013 vs 2012
Mixed movements in the accounts
approved 2014-05-22; registry 2014-06-05; journal 2014 439208
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADVACO AS. Revenue 0 NOK → 0 NOK (0.0%). Equity 8.01m NOK → 7 377 NOK.
On the constructive side: cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ADVACO AS.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Equity
8.01m NOK
7 377 NOK
-99.9%
Cash
4.16m NOK
4.78m NOK
+14.9%
Total assets
8.39m NOK
8.64m NOK
+3.0%
What improved
-
↑
Cash rose
Bank deposits 4.16m NOK → 4.78m NOK (+14.9% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 8.01m NOK → 7 377 NOK (equity ratio 95.5% → 0.1%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 1.56m NOK → 1.20m NOK. Reported fact