Org.nr 990 992 428 2014 → 2015 Year-over-year analysis

ACCESS INNOVATION AS: årsregnskap 2015 vs 2014

Shrank 40% on revenue, slipped into loss

approved 2016-09-03; registry 2016-09-13; journal 2016 941986

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ACCESS INNOVATION AS. Revenue 959.1k NOK → 571.6k NOK (-40.4%). Net result +214.2k NOK → -985.3k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; fell into a net loss; cash fell.

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

At a glance

Revenue

959.1k NOK 571.6k NOK

-40.4%

Net result

+214.2k NOK -985.3k NOK

-560.1%

Equity

7.86m NOK n/m

—

Cash

5.42m NOK 4.90m NOK

-9.6%

Total assets

9.35m NOK 7.82m NOK

-16.4%

↑
Payroll decreased

Salary cost 13674.34bn NOK → 2 NOK (1425746705% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 959.1k NOK to 571.6k NOK (-40.4% YoY). Calculated
↓
Fell into a net loss

Net result flipped from 214.2k NOK profit to a loss of 985.3k NOK. Calculated
↓
Cash fell

Bank deposits 5.42m NOK → 4.90m NOK (-9.6% YoY). Calculated

·
Book investments changed

Investment / intangible book value 2 014 NOK → 38.5k NOK. Reported fact