4 STORE AS: årsregnskap 2015 vs 2014
Grew 12% on revenue, stronger earnings
approved 2016-06-29; registry 2016-07-18; journal 2016 692512
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for 4 STORE AS. Revenue 12.30m NOK → 13.77m NOK (+12.0%). Net result +179.1k NOK → +366.0k NOK. Equity 1.84m NOK → 1.81m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for 4 STORE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 12.30m NOK to 13.77m NOK (+12.0% YoY). Calculated
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↑
Operating result improved
Operating result +237.9k NOK → +488.0k NOK (op. margin 1.9% → 3.5%). Calculated
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↑
Net result improved
Net result +179.1k NOK → +366.0k NOK (net margin 1.5% → 2.7%). Calculated
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↑
Cash rose
Bank deposits 2.13m NOK → 2.57m NOK (+20.7% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 1.84m NOK → 1.81m NOK (equity ratio 52.1% → 49.1%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 800.0k NOK → 400.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 5.83m NOK → 6.45m NOK (47% → 47% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 3.50m NOK → 3.97m NOK (+13.5% YoY). Calculated