ADVICE HUMAN RESOURCES AS: årsregnskap 2013 vs 2012
Another loss-making year
approved 2014-05-30; registry 2014-06-21; journal 2014 480010
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for ADVICE HUMAN RESOURCES AS. Revenue 0 NOK → 1.21m NOK. Equity 29.0k NOK → -71.3k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADVICE HUMAN RESOURCES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 1.21m NOK. Calculated
-
↑
Cash rose
Bank deposits 29.0k NOK → 37.3k NOK (+28.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -23.9k NOK → -173.3k NOK. Calculated
-
↓
Equity eroded
Book equity 29.0k NOK → -71.3k NOK (equity ratio 100.0% → -190.9%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 37.39× → 0.34× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -190.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 994 NOK → 657.5k NOK (+66045.5% YoY). Calculated