ACEA DEVELOPMENT AS: årsregnskap 2014 vs 2013
Weaker earnings, cash halved-plus, fresh owner capital
approved 2015-04-17; registry 2015-06-04; journal 2015 425403
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ACEA DEVELOPMENT AS. Revenue 0 NOK → 70.0k NOK. Net result -1.10m NOK → -8.32m NOK. Equity -1.07m NOK → -7.96m NOK.
On the constructive side: revenue rose; owners injected capital. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACEA DEVELOPMENT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 70.0k NOK. Calculated
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↑
Owners injected capital
Paid-in equity rose 30.0k NOK → 1.46m NOK (+1.43m NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result -1.10m NOK → -8.32m NOK. Calculated
-
↓
Equity eroded
Book equity -1.07m NOK → -7.96m NOK (equity ratio -5.4% → -28.1%). Calculated
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↓
Cash fell
Bank deposits 225.0k NOK → 1 327 NOK (-99.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -28.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 13.1k NOK → 7.87m NOK. Reported fact