ACAX DEVELOPMENT AS: årsregnskap 2014 vs 2013
Shrank 32% on revenue
approved 2015-05-15; registry 2015-06-22; journal 2015 501131
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ACAX DEVELOPMENT AS. Revenue 641.3k NOK → 435.3k NOK (-32.1%). Equity -52.9k NOK → 11.4k NOK.
On the constructive side: operating result improved; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACAX DEVELOPMENT AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -72.8k NOK → +69.9k NOK (op. margin -11.4% → 16.0%). Calculated
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↑
Equity strengthened
Book equity -52.9k NOK → 11.4k NOK (equity ratio -47.4% → 11.1%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.68× → 1.12×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 641.3k NOK to 435.3k NOK (-32.1% YoY). Calculated
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↓
Cash fell
Bank deposits 100.2k NOK → 92.2k NOK (-8.0% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 503 NOK → 203.0k NOK (0% → 47% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 35.6k NOK → 23.1k NOK (-35.1% YoY). Calculated