2K TECH AS: årsregnskap 2015 vs 2014
Shrank 79% on revenue, weaker earnings
approved 2016-06-28; registry 2016-07-09; journal 2016 656005
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for 2K TECH AS. Revenue 53.2k NOK → 11.1k NOK (-79.2%). Net result +34.0k NOK → +17.1k NOK. Equity 97.2k NOK → 114.4k NOK.
On the constructive side: equity strengthened. 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 2K TECH AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 97.2k NOK → 114.4k NOK (equity ratio 34.1% → 25.4%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 53.2k NOK to 11.1k NOK (-79.2% YoY). Calculated
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↓
Operating result weakened
Operating result +45.7k NOK → +1 786 NOK (op. margin 85.9% → 16.2%). Calculated
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↓
Net result weakened
Net result +34.0k NOK → +17.1k NOK (net margin 63.9% → 155.0%). Calculated
-
↓
Cash fell
Bank deposits 44.8k NOK → 37.0k NOK (-17.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 240.1k NOK → 414.1k NOK. Reported fact