Org.nr 981 236 351 2014 → 2015 Year-over-year analysis

ACHIEVES AS: årsregnskap 2015 vs 2014

Cash halved-plus

approved 2016-06-30; registry 2016-07-14; journal 2016 684502

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ACHIEVES AS. Equity 961.9k NOK → 277.7k NOK.

Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for ACHIEVES AS.

At a glance

Revenue

458.0k NOK n/m

—

Operating result

-651.4k NOK n/m

—

Net result

-653.2k NOK n/m

—

Equity

961.9k NOK 277.7k NOK

-71.1%

Cash

146.0k NOK 20.5k NOK

-86.0%

Total assets

2.62m NOK 12.22m NOK

+367.3%

↓
Equity eroded

Book equity 961.9k NOK → 277.7k NOK (equity ratio 36.8% → 2.3%). Calculated
↓
Cash fell

Bank deposits 146.0k NOK → 20.5k NOK (-86.0% YoY). Calculated

·
Thin equity buffer

Equity ratio is 2.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Book investments changed

Investment / intangible book value 152.7k NOK → 521.6k NOK. Reported fact