Org.nr 962 226 655 2013 → 2014 Year-over-year analysis

ACCION AS: årsregnskap 2014 vs 2013

Shrank 99% on revenue

approved 2015-10-09; registry 2015-10-19; journal 2015 943190

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ACCION AS. Revenue 240.0k NOK → 1 275 NOK (-99.5%). Equity 1.47m NOK → 1.70m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; current ratio dropped below 1×.

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

At a glance

Revenue

240.0k NOK 1 275 NOK

-99.5%

Equity

1.47m NOK 1.70m NOK

+15.6%

Cash

69 NOK 4 312 NOK

+6149.3%

Total assets

7.76m NOK 18.92m NOK

+143.8%

↑
Equity strengthened

Book equity 1.47m NOK → 1.70m NOK (equity ratio 18.9% → 9.0%). Calculated
↑
Cash rose

Bank deposits 69 NOK → 4 312 NOK (+6149.3% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 240.0k NOK to 1 275 NOK (-99.5% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 6.06× → 0.09× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Thin equity buffer

Equity ratio is 9.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation