ACCRUE AS: årsregnskap 2015 vs 2014
Grew 153% on revenue, stronger earnings
approved 2016-04-01; registry 2016-04-18; journal 2016 372897
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ACCRUE AS. Revenue 434.5k NOK → 1.10m NOK (+153.1%). Net result +239.9k NOK → +308.9k NOK. Equity 30.6k NOK → 30.5k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: current ratio dropped below 1×.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACCRUE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 434.5k NOK to 1.10m NOK (+153.1% YoY). Calculated
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↑
Net result improved
Net result +239.9k NOK → +308.9k NOK (net margin 55.2% → 28.1%). Calculated
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↑
Cash rose
Bank deposits 325.0k NOK → 461.4k NOK (+42.0% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.00× → 1.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 30.0k NOK → 34.1k NOK. Reported fact