FirmaIQ
Org.nr 981 894 529 2014 → 2015 Year-over-year analysis

ACCELERATE AS: årsregnskap 2015 vs 2014

Grew 10% on revenue, weaker earnings

approved 2016-01-18; registry 2016-01-27; journal 2016 302793

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ACCELERATE AS. Revenue 23.77m NOK → 26.15m NOK (+10.1%). Net result +3.91m NOK → +3.06m NOK. Equity 989.3k NOK → 589.5k NOK.

On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ACCELERATE AS.

At a glance

Scorecard

Revenue
23.77m NOK 26.15m NOK
+10.1%
Net result
+3.91m NOK +3.06m NOK
-21.8%
Equity
989.3k NOK 589.5k NOK
-40.4%
Cash
7.42m NOK 5.17m NOK
-30.3%
Total assets
10.74m NOK 9.32m NOK
-13.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 23.77m NOK to 26.15m NOK (+10.1% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +3.91m NOK → +3.06m NOK (net margin 16.5% → 11.7%). Calculated

  • ↓

    Equity eroded

    Book equity 989.3k NOK → 589.5k NOK (equity ratio 9.2% → 6.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 7.42m NOK → 5.17m NOK (-30.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 7 649 NOK → 29.9k NOK (+290.8% YoY). Calculated