ACKS AS: årsregnskap 2014 vs 2013
Shrank 62% on revenue, slipped into loss
approved 2015-06-30; registry 2015-07-29; journal 2015 659156
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ACKS AS. Revenue 25.7k NOK → 9 800 NOK (-61.9%). Net result +12.9k NOK → -112.2k NOK. Equity 127.8k NOK → 15.6k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACKS AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 4 733 NOK → 9 551 NOK (+101.8% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.95× → 2.62×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 25.7k NOK to 9 800 NOK (-61.9% YoY). Calculated
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↓
Operating result weakened
Operating result +17.9k NOK → -178 NOK (op. margin 69.8% → -1.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 12.9k NOK profit to a loss of 112.2k NOK. Calculated
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↓
Equity eroded
Book equity 127.8k NOK → 15.6k NOK (equity ratio 62.0% → 15.7%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 196.0k NOK → 84.0k NOK. Reported fact