ACCESS EVENT AS: årsregnskap 2015 vs 2014
Shrank 93% on revenue, cash halved-plus
approved 2016-09-30; registry 2016-10-04; journal 2016 957294
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ACCESS EVENT AS. Revenue 36.78m NOK → 2.58m NOK (-93.0%). Equity 634.6k NOK → 1.56m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACCESS EVENT AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 634.6k NOK → 1.56m NOK (equity ratio 13.6% → 57.7%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 36.78m NOK to 2.58m NOK (-93.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +1.10m NOK → -281.1k NOK (op. margin 3.0% → -10.9%). Calculated
-
↓
Cash fell
Bank deposits 861.1k NOK → 257.4k NOK (-70.1% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 35.29m NOK → 2.50m NOK (-92.9% YoY). Calculated