Org.nr 938 113 033 2012 → 2013 Year-over-year analysis

ADVICE REKLAMEBYRÅ AS: årsregnskap 2013 vs 2012

Shrank 100% on revenue

approved 2014-04-01; registry 2014-05-06; journal 2014 379807

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ADVICE REKLAMEBYRÅ AS. Revenue 6 800 NOK → 0 NOK (-100.0%). Equity 776 NOK → -12.1k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVICE REKLAMEBYRÅ AS.

At a glance

Revenue

6 800 NOK 0 NOK

-100.0%

Operating result

-6 904 NOK -12.9k NOK

-86.8%

Equity

776 NOK -12.1k NOK

-1661.6%

Cash

0 NOK n/m

—

Total assets

4 125 NOK 3 112 NOK

-24.6%

↓
Revenue fell

Operating income / revenue moved from 6 800 NOK to 0 NOK (-100.0% YoY). Calculated
↓
Operating result weakened

Operating result -6 904 NOK → -12.9k NOK. Calculated
↓
Equity eroded

Book equity 776 NOK → -12.1k NOK (equity ratio 18.8% → -389.4%). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.23× → 0.20× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Thin equity buffer

Equity ratio is -389.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation