ACROSS FOREST AS: årsregnskap 2015 vs 2014
Shrank 17% on revenue, cash halved-plus
approved 2016-06-30; registry 2016-07-20; journal 2016 706078
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ACROSS FOREST AS. Revenue 687.0k NOK → 571.6k NOK (-16.8%). Equity 7.60m NOK → 7.57m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ACROSS FOREST AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 223.0k NOK → -6 476 NOK (32% → -1% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 687.0k NOK to 571.6k NOK (-16.8% YoY). Calculated
-
↓
Equity eroded
Book equity 7.60m NOK → 7.57m NOK (equity ratio 80.2% → 66.9%). Calculated
-
↓
Cash fell
Bank deposits 300.9k NOK → 110.5k NOK (-63.3% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.94× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 7.60m NOK → 7.57m NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Book investments changed
Investment / intangible book value 9.17m NOK → 11.21m NOK. Reported fact