ADVANCED BIOPOLYMERS AS: årsregnskap 2014 vs 2013
Mixed movements in the accounts
approved 2015-06-24; registry 2015-07-07; journal 2015 569059
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVANCED BIOPOLYMERS AS. Equity -133.5k NOK → -185.3k NOK.
Pressures included: operating result weakened; 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
+12.1k NOK
-49.8k NOK
-512.4%
Net result
+72.1k NOK
n/m
—
Equity
-133.5k NOK
-185.3k NOK
-38.7%
Cash
27.3k NOK
25.0k NOK
-8.7%
Total assets
27.3k NOK
25.0k NOK
-8.7%
What deteriorated
-
↓
Operating result weakened
Operating result +12.1k NOK → -49.8k NOK. Calculated
-
↓
Equity eroded
Book equity -133.5k NOK → -185.3k NOK (equity ratio -488.7% → -742.5%). Calculated
-
↓
Cash fell
Bank deposits 27.3k NOK → 25.0k NOK (-8.7% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -742.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation