ACURO AS: årsregnskap 2014 vs 2013
Grew 109% on revenue
approved 2015-06-18; registry 2015-07-20; journal 2015 609181
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for ACURO AS. Revenue 203.7k NOK → 425.4k NOK (+108.9%). Net result +38.5k NOK → +32.5k NOK. Equity 68.5k NOK → 36.1k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for ACURO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 203.7k NOK to 425.4k NOK (+108.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +53.9k NOK → +4 347 NOK (op. margin 26.5% → 1.0%). Calculated
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↓
Net result weakened
Net result +38.5k NOK → +32.5k NOK (net margin 18.9% → 7.6%). Calculated
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↓
Equity eroded
Book equity 68.5k NOK → 36.1k NOK (equity ratio 57.3% → 3.9%). Calculated
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↓
Cash fell
Bank deposits 85.8k NOK → 50.7k NOK (-40.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.68× → 0.20× — 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 3.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1 104 NOK → 2.21m NOK (1% → 520% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 33.8k NOK → 221.3k NOK. Reported fact