ACH EIENDOM AS: årsregnskap 2015 vs 2014
Mixed movements in the accounts
approved 2016-06-27; registry 2016-08-30; journal 2016 881135
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ACH EIENDOM AS. Revenue 2.49m NOK → 2.46m NOK (-1.4%). Equity 69.0k NOK → -143.2k NOK.
On the constructive side: cash rose; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for ACH EIENDOM AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 166.9k NOK → 197.7k NOK (+18.4% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.96× → 4.76×. Calculated
-
↑
Payroll decreased
Salary cost 602.4k NOK → 2 015 NOK (24% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.49m NOK to 2.46m NOK (-1.4% YoY). Calculated
-
↓
Equity eroded
Book equity 69.0k NOK → -143.2k NOK (equity ratio 7.3% → -221.4%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -221.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 914.4k NOK → 354.2k NOK (-61.3% YoY). Calculated