ACCESS OSLO AS: årsregnskap 2014 vs 2013
Returned to profit, cash halved-plus, fresh owner capital
approved 2015-05-15; registry 2015-08-29; journal 2015 759705
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ACCESS OSLO AS. Net result -5 291 NOK → +2 014 NOK. Equity 19.0k NOK → -9 258 NOK.
On the constructive side: turned profitable; owners injected capital. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCESS OSLO AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 5 291 NOK to a profit of 2 014 NOK. Calculated
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↑
Owners injected capital
Paid-in equity rose 24.3k NOK → 39.3k NOK (+15.0k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -9 353 NOK → -39.3k NOK. Calculated
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↓
Equity eroded
Book equity 19.0k NOK → -9 258 NOK (equity ratio 100.0% → -88.7%). Calculated
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↓
Cash fell
Bank deposits 15.0k NOK → 1 766 NOK (-88.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -88.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation