Org.nr 923 148 442 2013 → 2014 Year-over-year analysis

ACTE AS: årsregnskap 2014 vs 2013

Shrank 8% on revenue

approved 2014-05-06; registry 2014-09-10; journal 2014 812361

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for ACTE AS. Revenue 87.38m NOK → 80.78m NOK (-7.6%). Equity 7.58m NOK → 5.81m NOK.

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

Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for ACTE AS.

Scorecard

Revenue
87.38m NOK 80.78m NOK
-7.6%
Operating result
+2 013 NOK n/m
—
Net result
n/m +1.19m NOK
—
Equity
7.58m NOK 5.81m NOK
-23.4%
Cash
0 NOK 1.52m NOK
—
Total assets
32.80m NOK 30.01m NOK
-8.5%

What improved

  • ↑

    Cash rose

    Bank deposits 0 NOK → 1.52m NOK (None YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 1.77×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 87.38m NOK to 80.78m NOK (-7.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 7.58m NOK → 5.81m NOK (equity ratio 23.1% → 19.4%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 7.58m NOK → 5.81m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 59.57m NOK → 55.16m NOK (-7.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 874 NOK → 94.0k NOK. Reported fact