FirmaIQ
Org.nr 984 974 493 2014 → 2015 Year-over-year analysis

4TEST INSTRUMENT AS: årsregnskap 2015 vs 2014

Shrank 21% on revenue, slipped into loss

approved 2016-01-20; registry 2016-02-01; journal 2016 303323

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for 4TEST INSTRUMENT AS. Revenue 22.15m NOK → 17.48m NOK (-21.1%). Net result +737.7k NOK → -113.9k NOK. Equity 1.15m NOK → 1.04m NOK.

Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 4TEST INSTRUMENT AS.

At a glance

Scorecard

Revenue
22.15m NOK 17.48m NOK
-21.1%
Operating result
+969.0k NOK n/m
—
Net result
+737.7k NOK -113.9k NOK
-115.4%
Equity
1.15m NOK 1.04m NOK
-9.9%
Cash
2.44m NOK 1.65m NOK
-32.6%
Total assets
6.02m NOK 4.40m NOK
-26.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 22.15m NOK to 17.48m NOK (-21.1% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 737.7k NOK profit to a loss of 113.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.15m NOK → 1.04m NOK (equity ratio 19.1% → 23.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.44m NOK → 1.65m NOK (-32.6% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3.93m NOK → 4.04m NOK (18% → 23% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 14.75m NOK → 11.20m NOK (-24.1% YoY). Calculated