Org.nr 984 619 200 2014 → 2015 Year-over-year analysis

ACCELERATOR AS: årsregnskap 2015 vs 2014

Shrank 5% on revenue

approved 2016-06-30; registry 2016-07-30; journal 2016 760994

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ACCELERATOR AS. Revenue 48.64m NOK → 46.08m NOK (-5.3%). Equity -1.29m NOK → -1.79m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

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

At a glance

Revenue

48.64m NOK 46.08m NOK

-5.3%

Operating result

n/m +451.6k NOK

—

Equity

-1.29m NOK -1.79m NOK

-39.4%

Cash

1.70m NOK 2.13m NOK

+25.4%

Total assets

9.69m NOK 9.29m NOK

-4.1%

↑
Cash rose

Bank deposits 1.70m NOK → 2.13m NOK (+25.4% YoY). Calculated
↑
Payroll decreased

Salary cost 12.92m NOK → 10.95m NOK (27% → 24% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 48.64m NOK to 46.08m NOK (-5.3% YoY). Calculated
↓
Equity eroded

Book equity -1.29m NOK → -1.79m NOK (equity ratio -13.3% → -19.3%). Calculated

·
Thin equity buffer

Equity ratio is -19.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 28.59m NOK → 27.16m NOK (-5.0% YoY). Calculated