Org.nr 993 539 112 2014 → 2015 Year-over-year analysis

AKERSHUS CONNECT AS: årsregnskap 2015 vs 2014

Cash halved-plus

approved 2016-05-30; registry 2016-06-14; journal 2016 513406

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AKERSHUS CONNECT AS. Revenue 4.42m NOK → 4.23m NOK (-4.4%). Equity 233.3k NOK → 103.1k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Revenue

4.42m NOK 4.23m NOK

-4.4%

Net result

n/m +69.8k NOK

—

Equity

233.3k NOK 103.1k NOK

-55.8%

Cash

350.3k NOK 152.6k NOK

-56.4%

Total assets

2.34m NOK 1.58m NOK

-32.4%

↓
Revenue fell

Operating income / revenue moved from 4.42m NOK to 4.23m NOK (-4.4% YoY). Calculated
↓
Equity eroded

Book equity 233.3k NOK → 103.1k NOK (equity ratio 10.0% → 6.5%). Calculated
↓
Cash fell

Bank deposits 350.3k NOK → 152.6k NOK (-56.4% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.02× → 0.90× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
↓
Payroll up without matching revenue

Salary cost 2.09m NOK → 2.54m NOK (47% → 60% of revenue). Calculated

·
Thin equity buffer

Equity ratio is 6.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 828.2k NOK → 761.1k NOK (-8.1% YoY). Calculated