Org.nr 998 602 394 2014 → 2015 Year-over-year analysis

ACCESSIT AS: årsregnskap 2015 vs 2014

Weaker earnings

approved 2016-05-25; registry 2016-07-05; journal 2016 624155

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ACCESSIT AS. Net result -46.7k NOK → -68.7k NOK. Equity 22.5k NOK → -46.2k NOK.

On the constructive side: current ratio back above 1×. Pressures included: net result weakened; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACCESSIT AS.

Scorecard

Net result
-46.7k NOK -68.7k NOK
-47.0%
Equity
22.5k NOK -46.2k NOK
-305.1%
Cash
1 011 NOK 1 334 NOK
+31.9%
Total assets
425.5k NOK 555.8k NOK
+30.6%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.91× → 898.40×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -46.7k NOK → -68.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 22.5k NOK → -46.2k NOK (equity ratio 5.3% → -8.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -8.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 60.0k NOK → 15.0k NOK. Reported fact