2H ELEKTRO AS: årsregnskap 2015 vs 2014
Shrank 79% on revenue
approved 2016-04-27; registry 2016-05-11; journal 2016 419851
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for 2H ELEKTRO AS. Revenue 954.6k NOK → 200.6k NOK (-79.0%). Net result +10.5k NOK → +4 681 NOK. Equity 158.5k NOK → 163.2k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2H ELEKTRO AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 158.5k NOK → 163.2k NOK (equity ratio 56.0% → 44.5%). Calculated
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↑
Cash rose
Bank deposits 150.4k NOK → 245.6k NOK (+63.3% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 954.6k NOK to 200.6k NOK (-79.0% YoY). Calculated
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↓
Operating result weakened
Operating result +11.0k NOK → +4 318 NOK (op. margin 1.1% → 2.2%). Calculated
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↓
Net result weakened
Net result +10.5k NOK → +4 681 NOK (net margin 1.1% → 2.3%). Calculated
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↓
Payroll up without matching revenue
Salary cost 388.9k NOK → 445.4k NOK (41% → 222% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 357.6k NOK → 542.3k NOK (+51.6% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 98.0k NOK → 70.0k NOK. Reported fact