ACCESSIO INVEST AS: årsregnskap 2014 vs 2013
Grew 12% on revenue, slipped into loss
approved 2015-06-15; registry 2015-07-06; journal 2015 559961
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ACCESSIO INVEST AS. Revenue 8 328 NOK → 9 302 NOK (+11.7%). Net result +425 NOK → -18.9k NOK. Equity 23.3k NOK → 4 446 NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACCESSIO INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8 328 NOK to 9 302 NOK (+11.7% YoY). Calculated
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↑
Operating result improved
Operating result 0 NOK → +4 101 NOK (op. margin 0.0% → 44.1%). Calculated
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↑
Cash rose
Bank deposits 118.6k NOK → 153.2k NOK (+29.2% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 425 NOK profit to a loss of 18.9k NOK. Calculated
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↓
Equity eroded
Book equity 23.3k NOK → 4 446 NOK (equity ratio 13.8% → 2.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation