Org.nr 999 613 403 2013 → 2014 Year-over-year analysis

ACCESS AIR CHARTER AS: årsregnskap 2014 vs 2013

Cash halved-plus

approved 2015-05-15; registry 2015-08-29; journal 2015 759699

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for ACCESS AIR CHARTER AS. Net result -36.9k NOK → -31.1k NOK. Equity -12.6k NOK → -43.7k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCESS AIR CHARTER AS.

Scorecard

Operating result
-36.9k NOK -31.1k NOK
+15.7%
Net result
-36.9k NOK -31.1k NOK
+15.6%
Equity
-12.6k NOK -43.7k NOK
-248.0%
Cash
2 114 NOK 842 NOK
-60.2%
Total assets
2 114 NOK 842 NOK
-60.2%

What improved

  • ↑

    Operating result improved

    Operating result -36.9k NOK → -31.1k NOK. Calculated

  • ↑

    Net result improved

    Net result -36.9k NOK → -31.1k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -12.6k NOK → -43.7k NOK (equity ratio -593.7% → -5186.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 2 114 NOK → 842 NOK (-60.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -5186.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation