Org.nr 912 450 716 2013 → 2014 Year-over-year analysis

AKASIA HOLDING AS: årsregnskap 2014 vs 2013

Cash halved-plus

approved 2015-06-04; registry 2015-08-17; journal 2015 715469

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for AKASIA HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Equity 462.3k NOK → 242.0k NOK.

Pressures included: equity eroded; cash fell; payroll up without matching revenue.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AKASIA HOLDING AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Equity
462.3k NOK 242.0k NOK
-47.7%
Cash
224.7k NOK 65.1k NOK
-71.0%
Total assets
102.99m NOK 336.45m NOK
+226.7%

What deteriorated

  • ↓

    Equity eroded

    Book equity 462.3k NOK → 242.0k NOK (equity ratio 0.4% → 0.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 224.7k NOK → 65.1k NOK (-71.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 26.61m NOK → 95.67m NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 101.1k NOK → 313.65m NOK. Reported fact