Org.nr 987 404 876 2014 → 2015 Year-over-year analysis

79 DEGREES SOUTH AS: årsregnskap 2015 vs 2014

Shrank 85% on revenue

approved 2016-05-30; registry 2016-06-11; journal 2016 500441

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for 79 DEGREES SOUTH AS. Revenue 690.9k NOK → 105.2k NOK (-84.8%). Equity 180.8k NOK → 251.3k NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 79 DEGREES SOUTH AS.

At a glance

Revenue

690.9k NOK 105.2k NOK

-84.8%

Net result

-276.5k NOK n/m

—

Equity

180.8k NOK 251.3k NOK

+39.0%

Cash

70.1k NOK 341.5k NOK

+387.2%

Total assets

280.3k NOK 529.8k NOK

+89.0%

↑
Equity strengthened

Book equity 180.8k NOK → 251.3k NOK (equity ratio 64.5% → 47.4%). Calculated
↑
Cash rose

Bank deposits 70.1k NOK → 341.5k NOK (+387.2% YoY). Calculated
↑
Payroll decreased

Salary cost 4.28m NOK → 516.9k NOK (619% → 491% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 690.9k NOK to 105.2k NOK (-84.8% YoY). Calculated