FirmaIQ
Org.nr 988 710 512 2012 → 2013 Year-over-year analysis

ADVANCED ASSET MANAGEMENT AS: årsregnskap 2013 vs 2012

Weaker earnings, cash halved-plus, fresh owner capital

approved 2014-04-10; registry 2014-07-07; journal 2014 543577

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADVANCED ASSET MANAGEMENT AS. Net result +246.8k NOK → +3 NOK. Equity 12.88m NOK → 17.18m NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: net result weakened; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for ADVANCED ASSET MANAGEMENT AS.

At a glance

Scorecard

Net result
+246.8k NOK +3 NOK
-100.0%
Equity
12.88m NOK 17.18m NOK
+33.4%
Cash
2.34m NOK 10.0k NOK
-99.6%
Total assets
19.57m NOK 21.41m NOK
+9.4%

What improved

  • ↑

    Equity strengthened

    Book equity 12.88m NOK → 17.18m NOK (equity ratio 65.8% → 80.2%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 12.78m NOK → 15.78m NOK (+3.00m NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result +246.8k NOK → +3 NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 2.34m NOK → 10.0k NOK (-99.6% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.34m NOK → 10.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation