4P EIENDOM AS: årsregnskap 2015 vs 2014
Shrank 100% on revenue, cash halved-plus
approved 2016-06-03; registry 2016-07-12; journal 2016 671152
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for 4P EIENDOM AS. Revenue 160.0k NOK → 384 NOK (-99.8%). Equity 745.3k NOK → 748.3k NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 4P EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +109.0k NOK → +256.9k NOK (op. margin 68.1% → 66901.0%). Calculated
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↑
Equity strengthened
Book equity 745.3k NOK → 748.3k NOK (equity ratio 11.8% → 6.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 160.0k NOK to 384 NOK (-99.8% YoY). Calculated
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↓
Cash fell
Bank deposits 103.9k NOK → 30.3k NOK (-70.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 41.78× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation