FirmaIQ
Org.nr 989 998 005 2014 → 2015 Year-over-year analysis

3 ÈRN TRAFIKKSKOLE AS: årsregnskap 2015 vs 2014

Shrank 20% on revenue, fresh owner capital

approved 2016-06-28; registry 2016-08-03; journal 2016 790961

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for 3 ÈRN TRAFIKKSKOLE AS. Revenue 6.21m NOK → 4.98m NOK (-19.9%). Equity 11.61m NOK → 10.5k NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3 ÈRN TRAFIKKSKOLE AS.

At a glance

Scorecard

Revenue
6.21m NOK 4.98m NOK
-19.9%
Equity
11.61m NOK 10.5k NOK
-99.9%
Cash
497.8k NOK 324.7k NOK
-34.8%
Total assets
757.4k NOK 2.08m NOK
+174.1%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 449.6k NOK → 566.6k NOK (+117.0k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.21m NOK to 4.98m NOK (-19.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 11.61m NOK → 10.5k NOK (equity ratio 1532.7% → 0.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 497.8k NOK → 324.7k NOK (-34.8% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 1.69m NOK → 1.92m NOK (+13.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation