Org.nr 971 067 349 2014 → 2015 Year-over-year analysis

A.C.E FASHIONSTORE AS: årsregnskap 2015 vs 2014

Shrank 12% on revenue, cash halved-plus

approved 2016-06-15; registry 2016-07-30; journal 2016 762762

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for A.C.E FASHIONSTORE AS. Revenue 6.02m NOK → 5.28m NOK (-12.3%). Equity 359.1k NOK → 349.5k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A.C.E FASHIONSTORE AS.

At a glance

Revenue

6.02m NOK 5.28m NOK

-12.3%

Equity

359.1k NOK 349.5k NOK

-2.7%

Cash

190.9k NOK 33.8k NOK

-82.3%

Total assets

2.55m NOK 2.19m NOK

-14.3%

↓
Revenue fell

Operating income / revenue moved from 6.02m NOK to 5.28m NOK (-12.3% YoY). Calculated
↓
Equity eroded

Book equity 359.1k NOK → 349.5k NOK (equity ratio 14.1% → 16.0%). Calculated
↓
Cash fell

Bank deposits 190.9k NOK → 33.8k NOK (-82.3% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 1.29m NOK → 2.79m NOK (21% → 53% of revenue). Calculated