ACTIN TRENINGSSENTER AS: årsregnskap 2015 vs 2014
Grew 1109% on revenue, weaker earnings, cash halved-plus
approved 2016-05-25; registry 2016-06-14; journal 2016 512574
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ACTIN TRENINGSSENTER AS. Revenue 195 NOK → 2 357 NOK (+1108.7%). Net result -101.1k NOK → -456.2k NOK. Equity 398.9k NOK → -57.3k NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ACTIN TRENINGSSENTER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 195 NOK to 2 357 NOK (+1108.7% YoY). Calculated
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Payroll decreased
Salary cost 101.2k NOK → 10 NOK (51890% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -101.2k NOK → -445.3k NOK (op. margin -51890.3% → -18891.3%). Calculated
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↓
Net result weakened
Net result -101.1k NOK → -456.2k NOK (net margin -51837.9% → -19355.3%). Calculated
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↓
Equity eroded
Book equity 398.9k NOK → -57.3k NOK (equity ratio 83.2% → -18.7%). Calculated
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↓
Cash fell
Bank deposits 417.1k NOK → 31.2k NOK (-92.5% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 5.17× → 0.52× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -18.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation