Org.nr 812 168 762 2014 → 2015 Year-over-year analysis

4HOME AS: årsregnskap 2015 vs 2014

Grew 16% on revenue

approved 2016-05-07; registry 2016-07-13; journal 2016 679324

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for 4HOME AS. Revenue 2.16m NOK → 2.49m NOK (+15.6%). Equity 52.2k NOK → 45.7k NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 4HOME AS.

At a glance

Revenue

2.16m NOK 2.49m NOK

+15.6%

Equity

52.2k NOK 45.7k NOK

-12.4%

Cash

-48.8k NOK 6 719 NOK

+113.8%

Total assets

254.0k NOK 253.2k NOK

-0.3%

↑
Revenue rose

Operating income / revenue moved from 2.16m NOK to 2.49m NOK (+15.6% YoY). Calculated
↑
Cash rose

Bank deposits -48.8k NOK → 6 719 NOK (+113.8% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.94× → 1.10×. Calculated

↓
Equity eroded

Book equity 52.2k NOK → 45.7k NOK (equity ratio 20.5% → 18.1%). Calculated

·
Payroll increased

Salary cost 289.1k NOK → 1.27m NOK (13% → 51% of revenue). Calculated
·
COGS fell

COGS / varekostnad 33.5k NOK → 8 350 NOK (-75.1% YoY). Calculated