ADVANCED INTERNATIONAL MANAGEMENT AS: årsregnskap 2014 vs 2013
Weaker earnings, cash halved-plus
approved 2015-02-14; registry 2015-04-20; journal 2015 360949
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVANCED INTERNATIONAL MANAGEMENT AS. Revenue 57.2k NOK → 57.2k NOK (0.0%). Net result +888.8k NOK → +322.4k NOK. Equity 4.99m NOK → 4.27m NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for ADVANCED INTERNATIONAL MANAGEMENT AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result +2 561 NOK → -15.1k NOK (op. margin 4.5% → -26.4%). Calculated
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↓
Net result weakened
Net result +888.8k NOK → +322.4k NOK (net margin 1553.9% → 563.6%). Calculated
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↓
Equity eroded
Book equity 4.99m NOK → 4.27m NOK (equity ratio 94.3% → 80.8%). Calculated
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↓
Cash fell
Bank deposits 2.87m NOK → 918.6k NOK (-68.0% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.87m NOK → 918.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 65.0k NOK — check capital reduction, conversion, or reclassification. Interpretation