Org.nr 998 602 394 2015 → 2016 Year-over-year analysis

ACCESSIT AS: årsregnskap 2016 vs 2015

Weaker earnings

approved 2017-06-15; registry 2017-07-01; journal 2017 571073

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ACCESSIT AS. Net result -68.7k NOK → -376.3k NOK. Equity -46.2k NOK → -422.4k NOK.

Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.

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

Scorecard

Net result
-68.7k NOK -376.3k NOK
-447.9%
Equity
-46.2k NOK -422.4k NOK
-815.0%
Cash
1 334 NOK 701 NOK
-47.5%
Total assets
555.8k NOK 635.4k NOK
+14.3%

What deteriorated

  • ↓

    Net result weakened

    Net result -68.7k NOK → -376.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -46.2k NOK → -422.4k NOK (equity ratio -8.3% → -66.5%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 898.40× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -66.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation