FirmaIQ
Org.nr 994 151 010 2014 → 2015 Year-over-year analysis

0 - 6 ULLENSAKERGATA BARNEHAGE AS: årsregnskap 2015 vs 2014

Stronger earnings

approved 2016-05-13; registry 2016-08-31; journal 2016 881437

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for 0 - 6 ULLENSAKERGATA BARNEHAGE AS. Revenue 4.89m NOK → 4.81m NOK (-1.6%). Net result +479.2k NOK → +262.41m NOK. Equity 965.3k NOK → 227.7k NOK.

On the constructive side: operating result improved; net result improved. 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 0 - 6 ULLENSAKERGATA BARNEHAGE AS.

At a glance

Scorecard

Revenue
4.89m NOK 4.81m NOK
-1.6%
Operating result
+1.43m NOK +564.94bn NOK
+39385808.6%
Net result
+479.2k NOK +262.41m NOK
+54656.3%
Equity
965.3k NOK 227.7k NOK
-76.4%
Cash
2.29m NOK 1.81m NOK
-20.9%
Total assets
10.84m NOK 10.32m NOK
-4.8%

What improved

  • ↑

    Operating result improved

    Operating result +1.43m NOK → +564.94bn NOK (op. margin 29.3% → 11744219.2%). Calculated

  • ↑

    Net result improved

    Net result +479.2k NOK → +262.41m NOK (net margin 9.8% → 5455.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.89m NOK to 4.81m NOK (-1.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 965.3k NOK → 227.7k NOK (equity ratio 8.9% → 2.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.29m NOK → 1.81m NOK (-20.9% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3.30m NOK → 3.58m NOK (68% → 74% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 28.2k NOK → 48.3k NOK. Reported fact