FirmaIQ
Org.nr 890 224 482 2014 → 2015 Year-over-year analysis

365 FRI AS: årsregnskap 2015 vs 2014

Shrank 49% on revenue, weaker earnings

approved 2016-04-06; registry 2016-06-14; journal 2016 511236

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for 365 FRI AS. Revenue 3.03m NOK → 1.53m NOK (-49.5%). Net result +469.3k NOK → +102.3k NOK. Equity 10.92m NOK → 10.52m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 365 FRI AS.

At a glance

Scorecard

Revenue
3.03m NOK 1.53m NOK
-49.5%
Net result
+469.3k NOK +102.3k NOK
-78.2%
Equity
10.92m NOK 10.52m NOK
-3.6%
Cash
1.67m NOK 1.15m NOK
-31.5%
Total assets
11.75m NOK 11.18m NOK
-4.9%

What improved

  • ↑

    Payroll decreased

    Salary cost 2.28m NOK → 1.48m NOK (75% → 97% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.03m NOK to 1.53m NOK (-49.5% YoY). Calculated

  • ↓

    Net result weakened

    Net result +469.3k NOK → +102.3k NOK (net margin 15.5% → 6.7%). Calculated

  • ↓

    Equity eroded

    Book equity 10.92m NOK → 10.52m NOK (equity ratio 92.9% → 94.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.67m NOK → 1.15m NOK (-31.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2 100 NOK → 960 NOK. Reported fact