Org.nr 987 989 297 2011 → 2013 Year-over-year analysis

BLUENORD ASA: årsregnskap 2013 vs 2011

Shrank 100% on revenue

Summary

What changed

Comparing Årsregnskap 2013 with 2011 for BLUENORD ASA. Revenue 1.59m NOK → 0 NOK (-100.0%). Equity 3.09bn NOK → 2.24bn NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for BLUENORD ASA.

At a glance

Revenue

1.59m NOK 0 NOK

-100.0%

Operating result

-557.69m NOK n/m

—

Net result

-261.30m NOK n/m

—

Equity

3.09bn NOK 2.24bn NOK

-27.6%

Cash

491.90m NOK 399.00m NOK

-18.9%

Total assets

7.18bn NOK 4.81bn NOK

-33.0%

↓
Revenue fell

Operating income / revenue moved from 1.59m NOK to 0 NOK (-100.0% YoY). Calculated
↓
Equity eroded

Book equity 3.09bn NOK → 2.24bn NOK (equity ratio 43.0% → 46.5%). Calculated
↓
Cash fell

Bank deposits 491.90m NOK → 399.00m NOK (-18.9% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 998.76× → 0.66× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Paid-in equity reduced

Paid-in equity fell 3.26bn NOK → 2.24bn NOK — check capital reduction, conversion, or reclassification. Interpretation
·
Book investments changed

Investment / intangible book value 5.29bn NOK → 4.41bn NOK. Reported fact