AEC INVEST AS: årsregnskap 2013 vs 2012
Another loss-making year
approved 2014-08-27; registry 2014-09-02; journal 2014 752337
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for AEC INVEST AS. Equity 21.7k NOK → 17.6k NOK.
Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AEC INVEST AS.
At a glance
Scorecard
Net result
n/m
-4 084 NOK
—
Equity
21.7k NOK
17.6k NOK
-18.8%
Cash
30.0k NOK
30.0k NOK
0.0%
Total assets
33.2k NOK
630.0k NOK
+1796.7%
What deteriorated
-
↓
Equity eroded
Book equity 21.7k NOK → 17.6k NOK (equity ratio 65.4% → 2.8%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.61× → 0.05× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation