AKASA & PARTNER AS: årsregnskap 2015 vs 2014
Shrank 33% on revenue, slipped into loss, cash halved-plus
approved 2016-06-15; registry 2016-07-20; journal 2016 729686
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AKASA & PARTNER AS. Revenue 1.31m NOK → 878.8k NOK (-32.9%). Net result +295.4k NOK → -230.0k NOK. Equity 5.23m NOK → -3 734 NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AKASA & PARTNER AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.31m NOK to 878.8k NOK (-32.9% YoY). Calculated
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Operating result weakened
Operating result +363.9k NOK → -310.7k NOK (op. margin 27.8% → -35.4%). Calculated
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Fell into a net loss
Net result flipped from 295.4k NOK profit to a loss of 230.0k NOK. Calculated
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Equity eroded
Book equity 5.23m NOK → -3 734 NOK (equity ratio 771.6% → -1.3%). Calculated
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Cash fell
Bank deposits 20.9k NOK → 8 145 NOK (-61.1% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -1.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation