ADVANCE INVEST & CONSULTING AS: årsregnskap 2014 vs 2013
Cash halved-plus
approved 2015-06-09; registry 2015-06-30; journal 2015 540744
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVANCE INVEST & CONSULTING AS. Equity 2.53m NOK → 1.37m NOK.
On the constructive side: operating result improved. Pressures included: equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ADVANCE INVEST & CONSULTING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +5 568 NOK → +6 345 NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 2.53m NOK → 1.37m NOK (equity ratio 83.0% → 97.9%). Calculated
-
↓
Cash fell
Bank deposits 1.98m NOK → 262.9k NOK (-86.7% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.98m NOK → 262.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 1.03m NOK → 1.12m NOK. Reported fact