Org.nr 992 636 343 2014 → 2015 Year-over-year analysis

ACE OPTIONS NORGE AS: årsregnskap 2015 vs 2014

Shrank 21% on revenue

approved 2015-08-20; registry 2015-10-08; journal 2015 927228

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ACE OPTIONS NORGE AS. Revenue 5.31m NOK → 4.17m NOK (-21.4%). Equity -1.31m NOK → -1.46m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ACE OPTIONS NORGE AS.

At a glance

Revenue

5.31m NOK 4.17m NOK

-21.4%

Operating result

+27.3k NOK n/m

—

Net result

+27.9k NOK n/m

—

Equity

-1.31m NOK -1.46m NOK

-11.3%

Cash

333.2k NOK 195.7k NOK

-41.3%

Total assets

1.32m NOK 700.0k NOK

-47.1%

↓
Revenue fell

Operating income / revenue moved from 5.31m NOK to 4.17m NOK (-21.4% YoY). Calculated
↓
Equity eroded

Book equity -1.31m NOK → -1.46m NOK (equity ratio -99.0% → -208.2%). Calculated
↓
Cash fell

Bank deposits 333.2k NOK → 195.7k NOK (-41.3% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 3.85m NOK → 4.03m NOK (73% → 97% of revenue). Calculated

·
Thin equity buffer

Equity ratio is -208.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 3.99m NOK → 2.86m NOK (-28.3% YoY). Calculated