ACETA AS: årsregnskap 2014 vs 2013
Shrank 20% on revenue
approved 2015-08-01; registry 2015-09-08; journal 2015 803560
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ACETA AS. Revenue 419.9k NOK → 336.0k NOK (-20.0%). Equity 6.13m NOK → 145.3k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACETA AS.
At a glance
Scorecard
Revenue
419.9k NOK
336.0k NOK
-20.0%
Net result
n/m
+15.8k NOK
—
Equity
6.13m NOK
145.3k NOK
-97.6%
Cash
n/m
34.2k NOK
—
Total assets
2.99m NOK
3.31m NOK
+10.8%
What improved
-
↑
Current ratio back above 1×
Current ratio 0.10× → 1.94×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 419.9k NOK to 336.0k NOK (-20.0% YoY). Calculated
-
↓
Equity eroded
Book equity 6.13m NOK → 145.3k NOK (equity ratio 205.0% → 4.4%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 4.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation