AK-EIENDOM AS: årsregnskap 2015 vs 2014
Shrank 47% on revenue, cash halved-plus
approved 2016-06-29; registry 2016-08-13; journal 2016 821506
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AK-EIENDOM AS. Revenue 10.43m NOK → 5.49m NOK (-47.4%). Equity 952.8k NOK → -2.15m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AK-EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 558.1k NOK → 204.0k NOK (5% → 4% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 10.43m NOK to 5.49m NOK (-47.4% YoY). Calculated
-
↓
Equity eroded
Book equity 952.8k NOK → -2.15m NOK (equity ratio 1.7% → -3.6%). Calculated
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↓
Cash fell
Bank deposits 387.0k NOK → 68.9k NOK (-82.2% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 463.05× → 0.43× — 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 -3.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 1.61m NOK → 1.63m NOK. Reported fact