1000 MILE NORGE AS: årsregnskap 2015 vs 2014
Shrank 67% on revenue, stronger earnings
approved 2016-06-29; registry 2016-11-28; journal 2016 971933
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for 1000 MILE NORGE AS. Revenue 327.0k NOK → 108.8k NOK (-66.7%). Net result +70.9k NOK → +523.6k NOK. Equity -18.0k NOK → 5.51m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 1000 MILE NORGE AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +70.9k NOK → +523.6k NOK (net margin 21.7% → 481.4%). Calculated
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↑
Equity strengthened
Book equity -18.0k NOK → 5.51m NOK (equity ratio -11.4% → 828.6%). Calculated
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↑
Cash rose
Bank deposits 23.3k NOK → 29.3k NOK (+25.8% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.90× → 4.18×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 327.0k NOK to 108.8k NOK (-66.7% YoY). Calculated
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↓
Operating result weakened
Operating result +71.6k NOK → -84.8k NOK (op. margin 21.9% → -78.0%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 182.0k NOK → 101.1k NOK (-44.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1 000 NOK → 1.00m NOK. Reported fact