ACE CONSULTING AS: årsregnskap 2014 vs 2013
Mixed movements in the accounts
approved 2015-08-11; registry 2015-08-25; journal 2015 746148
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ACE CONSULTING AS. Equity 234.4k NOK → -86.8k NOK.
On the constructive side: operating result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACE CONSULTING AS.
At a glance
Scorecard
Revenue
795 NOK
n/m
—
Operating result
-22.7k NOK
+24.5k NOK
+208.0%
Equity
234.4k NOK
-86.8k NOK
-137.0%
Cash
1 154 NOK
2 321 NOK
+101.1%
Total assets
1.10m NOK
808.7k NOK
-26.4%
What improved
-
↑
Operating result improved
Operating result -22.7k NOK → +24.5k NOK. Calculated
-
↑
Cash rose
Bank deposits 1 154 NOK → 2 321 NOK (+101.1% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 234.4k NOK → -86.8k NOK (equity ratio 21.3% → -10.7%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -10.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation