4DIALOG AS: årsregnskap 2015 vs 2014
Mixed movements in the accounts
approved 2016-07-27; registry 2016-09-07; journal 2016 915649
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for 4DIALOG AS. Revenue 641.7k NOK → 613.8k NOK (-4.4%). Equity 32.5k NOK → -22.0k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4DIALOG AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 48.2k NOK → 67.0k NOK (+39.1% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 641.7k NOK to 613.8k NOK (-4.4% YoY). Calculated
-
↓
Equity eroded
Book equity 32.5k NOK → -22.0k NOK (equity ratio 17.5% → -10.4%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.21× → 0.91× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
Payroll up without matching revenue
Salary cost 465.5k NOK → 525.1k NOK (73% → 86% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -10.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation