Org.nr 993 539 112 2013 → 2014 Year-over-year analysis

AKERSHUS CONNECT AS: årsregnskap 2014 vs 2013

Grew 6% on revenue

approved 2015-04-24; registry 2015-05-23; journal 2015 406197

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for AKERSHUS CONNECT AS. Revenue 4.18m NOK → 4.42m NOK (+5.8%). Equity 399.4k NOK → 233.3k NOK.

On the constructive side: revenue rose; current ratio back above 1×. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AKERSHUS CONNECT AS.

Scorecard

Revenue
4.18m NOK 4.42m NOK
+5.8%
Operating result
+1.26m NOK n/m
—
Equity
399.4k NOK 233.3k NOK
-41.6%
Cash
660.3k NOK 350.3k NOK
-47.0%
Total assets
2.91m NOK 2.34m NOK
-19.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.18m NOK to 4.42m NOK (+5.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.45× → 1.02×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 399.4k NOK → 233.3k NOK (equity ratio 13.7% → 10.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 660.3k NOK → 350.3k NOK (-47.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 10.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1.39m NOK → 2.09m NOK (33% → 47% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 43.1k NOK → 828.2k NOK (+1823.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 13.9k NOK → 10.8k NOK. Reported fact