ACCESS AIR CHARTER AS: årsregnskap 2015 vs 2014
Mixed movements in the accounts
approved 2016-06-30; registry 2016-08-16; journal 2016 832051
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ACCESS AIR CHARTER AS. Equity -43.7k NOK → -54.9k NOK.
On the constructive side: operating result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCESS AIR CHARTER AS.
At a glance
Scorecard
Revenue
n/m
697 NOK
—
Operating result
-31.1k NOK
-11.2k NOK
+64.1%
Net result
-31.1k NOK
n/m
—
Equity
-43.7k NOK
-54.9k NOK
-25.7%
Cash
842 NOK
602.8k NOK
+71496.4%
Total assets
842 NOK
1 016 NOK
+20.7%
What improved
-
↑
Operating result improved
Operating result -31.1k NOK → -11.2k NOK. Calculated
-
↑
Cash rose
Bank deposits 842 NOK → 602.8k NOK (+71496.4% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -43.7k NOK → -54.9k NOK (equity ratio -5186.8% → -5405.1%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -5405.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation