7 FJELL BRYGGERI AS: årsregnskap 2015 vs 2014
Grew 396% on revenue, stronger earnings
approved 2016-06-10; registry 2016-07-26; journal 2016 743068
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for 7 FJELL BRYGGERI AS. Revenue 2.30m NOK → 11.43m NOK (+396.5%). Net result +2 148 NOK → +950.1k NOK. Equity 5.15m NOK → 6.10m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 7 FJELL BRYGGERI AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 2.30m NOK to 11.43m NOK (+396.5% YoY). Calculated
-
↑
Net result improved
Net result +2 148 NOK → +950.1k NOK (net margin 0.1% → 8.3%). Calculated
-
↑
Equity strengthened
Book equity 5.15m NOK → 6.10m NOK (equity ratio 53.7% → 43.2%). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +2 048 NOK → +1 200 NOK (op. margin 0.1% → 0.0%). Calculated
-
↓
Cash fell
Bank deposits 614.2k NOK → 424.1k NOK (-31.0% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.37× → 0.16× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost 1.90m NOK → 3.18m NOK (83% → 28% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 2.83m NOK → 3.39m NOK (+19.9% YoY). Calculated