ADVICE4YOU AS: årsregnskap 2014 vs 2013
Another loss-making year
approved 2015-02-28; registry 2015-03-24; journal 2015 335246
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ADVICE4YOU AS. Net result -69.8k NOK → -82.4k NOK. Equity -39.8k NOK → -122.2k NOK.
On the constructive side: cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVICE4YOU AS.
At a glance
Scorecard
Revenue
n/m
77.0k NOK
—
Net result
-69.8k NOK
-82.4k NOK
-18.1%
Equity
-39.8k NOK
-122.2k NOK
-207.1%
Cash
29.2k NOK
63.5k NOK
+117.8%
Total assets
83.6k NOK
138.7k NOK
+65.8%
What improved
-
↑
Cash rose
Bank deposits 29.2k NOK → 63.5k NOK (+117.8% YoY). Calculated
What deteriorated
-
↓
Net result weakened
Net result -69.8k NOK → -82.4k NOK. Calculated
-
↓
Equity eroded
Book equity -39.8k NOK → -122.2k NOK (equity ratio -47.6% → -88.1%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -88.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation