5B.NO AS: årsregnskap 2015 vs 2014
Shrank 30% on revenue, stronger earnings
approved 2016-02-08; registry 2016-03-07; journal 2016 321188
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for 5B.NO AS. Revenue 920.6k NOK → 646.2k NOK (-29.8%). Net result +112.0k NOK → +360.5k NOK. Equity 32.9k NOK → 30.0k NOK.
On the constructive side: net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for 5B.NO AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +112.0k NOK → +360.5k NOK (net margin 12.2% → 55.8%). Calculated
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↑
Cash rose
Bank deposits 410.6k NOK → 736.8k NOK (+79.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 920.6k NOK to 646.2k NOK (-29.8% YoY). Calculated
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↓
Equity eroded
Book equity 32.9k NOK → 30.0k NOK (equity ratio 5.7% → 3.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 68.9k NOK → 9 432 NOK (-86.3% YoY). Calculated