ADVANCED BIOPOLYMERS AS: årsregnskap 2013 vs 2012
A steady year on the published lines
approved 2014-06-14; registry 2014-09-23; journal 2014 851873
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADVANCED BIOPOLYMERS AS. Equity -61.5k NOK → -133.5k NOK.
On the constructive side: operating result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVANCED BIOPOLYMERS AS.
At a glance
Scorecard
Operating result
-2 876 NOK
+12.1k NOK
+520.2%
Net result
n/m
+72.1k NOK
—
Equity
-61.5k NOK
-133.5k NOK
-117.2%
Cash
29.6k NOK
27.3k NOK
-7.8%
Total assets
29.6k NOK
27.3k NOK
-7.8%
What improved
-
↑
Operating result improved
Operating result -2 876 NOK → +12.1k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -61.5k NOK → -133.5k NOK (equity ratio -207.4% → -488.7%). Calculated
-
↓
Cash fell
Bank deposits 29.6k NOK → 27.3k NOK (-7.8% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -488.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation