AE RØRSERVICE AS: årsregnskap 2014 vs 2013
Cash halved-plus
approved 2015-05-04; registry 2015-05-19; journal 2015 400175
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AE RØRSERVICE AS. Revenue 0 NOK → 777.7k NOK. Equity 21.2k NOK → -49.6k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AE RØRSERVICE AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 777.7k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 21.2k NOK → -49.6k NOK (equity ratio 63.9% → -6.0%). Calculated
-
↓
Cash fell
Bank deposits 30.0k NOK → 901 NOK (-97.0% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.50× → 0.17× — 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 -6.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation