ACTUS AS: årsregnskap 2014 vs 2013
Grew 43% on revenue, cash halved-plus
approved 2015-04-15; registry 2015-04-22; journal 2015 367149
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ACTUS AS. Revenue 6.97m NOK → 9.98m NOK (+43.1%). Net result +489.1k NOK → +515.2k NOK. Equity 500.0k NOK → 400.0k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for ACTUS AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 6.97m NOK to 9.98m NOK (+43.1% YoY). Calculated
-
↑
Operating result improved
Operating result +669.3k NOK → +998.70m NOK (op. margin 9.6% → 10010.7%). Calculated
-
↑
Net result improved
Net result +489.1k NOK → +515.2k NOK (net margin 7.0% → 5.2%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 500.0k NOK → 400.0k NOK (equity ratio 19.5% → 9.5%). Calculated
-
↓
Cash fell
Bank deposits 747.8k NOK → 84.2k NOK (-88.7% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 9.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Paid-in equity reduced
Paid-in equity fell 500.0k NOK → 400.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Payroll increased
Salary cost 5.17m NOK → 6.99m NOK (74% → 70% of revenue). Calculated
-
·
Book investments changed
Investment / intangible book value 404 NOK → 842.3k NOK. Reported fact