FirmaIQ
Org.nr 985 267 421 2013 → 2014 Year-over-year analysis

ACCENDO PRODUKTUTVIKLING AS: årsregnskap 2014 vs 2013

Shrank 88% on revenue, returned to profit, cash halved-plus

approved 2015-09-18; registry 2015-10-10; journal 2015 931151

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ACCENDO PRODUKTUTVIKLING AS. Revenue 510.2k NOK → 59.5k NOK (-88.3%). Net result -432.6k NOK → +2 014 NOK. Equity -619.7k NOK → -599.0k NOK.

On the constructive side: turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCENDO PRODUKTUTVIKLING AS.

At a glance

Scorecard

Revenue
510.2k NOK 59.5k NOK
-88.3%
Net result
-432.6k NOK +2 014 NOK
+100.5%
Equity
-619.7k NOK -599.0k NOK
+3.3%
Cash
38.2k NOK 1 817 NOK
-95.2%
Total assets
215.5k NOK 62.3k NOK
-71.1%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 432.6k NOK to a profit of 2 014 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -619.7k NOK → -599.0k NOK (equity ratio -287.6% → -962.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 510.2k NOK to 59.5k NOK (-88.3% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 38.2k NOK → 1 817 NOK (-95.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -962.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation