ACCEPT ELEKTRO OG AUTOMASJON AS: årsregnskap 2015 vs 2014
Shrank 96% on revenue, cash halved-plus
approved 2016-06-22; registry 2016-07-18; journal 2016 694544
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ACCEPT ELEKTRO OG AUTOMASJON AS. Revenue 627.1k NOK → 26.6k NOK (-95.8%). Equity -799.8k NOK → -1.06m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACCEPT ELEKTRO OG AUTOMASJON AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 12.25m NOK → 12 NOK (1953% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 627.1k NOK to 26.6k NOK (-95.8% YoY). Calculated
-
↓
Equity eroded
Book equity -799.8k NOK → -1.06m NOK (equity ratio -229.8% → -483.6%). Calculated
-
↓
Cash fell
Bank deposits 259.9k NOK → 61.6k NOK (-76.3% YoY). Calculated
-
↓
COGS moved
COGS / varekostnad 2 117 NOK → 24.3k NOK (+1047.1% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -483.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 11.0k NOK → 48.4k NOK. Reported fact