AIBEL HOLDING III AS: årsregnskap 2014 vs 2013
Slipped into loss, fresh owner capital
approved 2015-04-29; registry 2015-07-20; journal 2015 615359
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AIBEL HOLDING III AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +2 013 NOK → -397.15m NOK. Equity 1.06bn NOK → -1.40bn NOK.
On the constructive side: cash rose; owners injected capital. Pressures included: fell into a net loss; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AIBEL HOLDING III AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 68.6k NOK → 3.34m NOK (+4760.3% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 87.05m NOK → 538.24m NOK (+451.19m NOK). Reported fact
What deteriorated
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↓
Fell into a net loss
Net result flipped from 2 013 NOK profit to a loss of 397.15m NOK. Calculated
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↓
Equity eroded
Book equity 1.06bn NOK → -1.40bn NOK (equity ratio 40.9% → -38.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.48× → -6.20× — 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 -38.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 2.48bn NOK → 3.17bn NOK. Reported fact