2Ø SERVICE AS: årsregnskap 2015 vs 2014
Shrank 75% on revenue, returned to profit
approved 2016-04-30; registry 2016-06-25; journal 2016 570340
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for 2Ø SERVICE AS. Revenue 85.9k NOK → 21.2k NOK (-75.3%). Net result -11.36bn NOK → +21.2k NOK. Equity 74.8k NOK → 63.4k NOK.
On the constructive side: turned profitable; cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Turned profitable
Net result flipped from a loss of 11.36bn NOK to a profit of 21.2k NOK. Calculated
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↑
Cash rose
Bank deposits 72.9k NOK → 77.5k NOK (+6.3% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 85.9k NOK to 21.2k NOK (-75.3% YoY). Calculated
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↓
Equity eroded
Book equity 74.8k NOK → 63.4k NOK (equity ratio 47.5% → 39.3%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.07× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated