Org.nr 964 198 950 2013 → 2014 Year-over-year analysis

ACRYLICON NORGE AS: årsregnskap 2014 vs 2013

Cash halved-plus

approved 2015-06-03; registry 2015-07-15; journal 2015 601449

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for ACRYLICON NORGE AS. Revenue 32.00m NOK → 33.17m NOK (+3.7%). Equity 4.24m NOK → 3.74m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for ACRYLICON NORGE AS.

At a glance

Revenue

32.00m NOK 33.17m NOK

+3.7%

Operating result

+2.92m NOK n/m

—

Equity

4.24m NOK 3.74m NOK

-11.8%

Cash

1.65m NOK 83.2k NOK

-94.9%

Total assets

22.82m NOK 21.89m NOK

-4.1%

↑
Revenue rose

Operating income / revenue moved from 32.00m NOK to 33.17m NOK (+3.7% YoY). Calculated

↓
Equity eroded

Book equity 4.24m NOK → 3.74m NOK (equity ratio 18.6% → 17.1%). Calculated
↓
Cash fell

Bank deposits 1.65m NOK → 83.2k NOK (-94.9% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.90× → 0.78× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (1.65m NOK → 83.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
COGS moved

COGS / varekostnad 18.83m NOK → 19.37m NOK (+2.9% YoY). Calculated