Org.nr 993 109 940 2014 → 2015 Year-over-year analysis

247 ENERGY AS: årsregnskap 2015 vs 2014

Shrank 63% on revenue

approved 2016-05-26; registry 2016-06-14; journal 2016 515182

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for 247 ENERGY AS. Revenue 2.66m NOK → 976.1k NOK (-63.4%). Equity -3.06m NOK → -4.35m NOK.

On the constructive side: operating result improved. 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 247 ENERGY AS.

At a glance

Revenue

2.66m NOK 976.1k NOK

-63.4%

Operating result

-399.5k NOK +1.28m NOK

+421.6%

Net result

n/m -1.29m NOK

—

Equity

-3.06m NOK -4.35m NOK

-42.2%

Cash

132.5k NOK 98.6k NOK

-25.6%

Total assets

658.7k NOK 282.2k NOK

-57.2%

↑
Operating result improved

Operating result -399.5k NOK → +1.28m NOK (op. margin -15.0% → 131.6%). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.66m NOK to 976.1k NOK (-63.4% YoY). Calculated
↓
Equity eroded

Book equity -3.06m NOK → -4.35m NOK (equity ratio -463.9% → -1539.8%). Calculated
↓
Cash fell

Bank deposits 132.5k NOK → 98.6k NOK (-25.6% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 806.4k NOK → 849.1k NOK (30% → 87% of revenue). Calculated

·
Thin equity buffer

Equity ratio is -1539.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 627.3k NOK → 62.2k NOK (-90.1% YoY). Calculated