24 FRAMES PER SECOND AS: årsregnskap 2015 vs 2014
Shrank 84% on revenue
approved 2016-06-29; registry 2016-07-13; journal 2016 676956
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for 24 FRAMES PER SECOND AS. Revenue 1.16m NOK → 185.9k NOK (-84.0%). Equity 983.3k NOK → 10 NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for 24 FRAMES PER SECOND AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 37.6k NOK → 944.8k NOK (+2415.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.07× → 3.41×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.16m NOK to 185.9k NOK (-84.0% YoY). Calculated
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↓
Equity eroded
Book equity 983.3k NOK → 10 NOK (equity ratio 63.6% → 0.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 23.6k NOK → 6 000 NOK (-74.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 8.25m NOK → 246.0k NOK. Reported fact