Org.nr 990 992 428 2012 → 2013 Year-over-year analysis

ACCESS INNOVATION AS: årsregnskap 2013 vs 2012

Shrank 98% on revenue

approved 2014-06-30; registry 2014-09-11; journal 2014 820723

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for ACCESS INNOVATION AS. Revenue 479.3k NOK → 9 757 NOK (-98.0%). Equity 3.83m NOK → 7.65m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACCESS INNOVATION AS.

At a glance

Revenue

479.3k NOK 9 757 NOK

-98.0%

Operating result

-442.3k NOK n/m

—

Equity

3.83m NOK 7.65m NOK

+99.5%

Cash

2.21m NOK 4.84m NOK

+118.4%

Total assets

5.75m NOK 9.46m NOK

+64.5%

↑
Equity strengthened

Book equity 3.83m NOK → 7.65m NOK (equity ratio 66.7% → 80.9%). Calculated
↑
Cash rose

Bank deposits 2.21m NOK → 4.84m NOK (+118.4% YoY). Calculated
↑
Payroll decreased

Salary cost 3.65m NOK → 2 NOK (762% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 479.3k NOK to 9 757 NOK (-98.0% YoY). Calculated

·
Book investments changed

Investment / intangible book value 1 NOK → 40.1k NOK. Reported fact