99X SOLUTIONS AS: årsregnskap 2015 vs 2014
Grew 132% on revenue, cash halved-plus
approved 2016-05-05; registry 2016-05-12; journal 2016 424873
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for 99X SOLUTIONS AS. Revenue 3.50m NOK → 8.12m NOK (+131.6%). Equity 127.2k NOK → 230.1k NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: cash fell.
Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for 99X SOLUTIONS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.50m NOK to 8.12m NOK (+131.6% YoY). Calculated
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↑
Equity strengthened
Book equity 127.2k NOK → 230.1k NOK (equity ratio 7.3% → 8.8%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.90× → 1.00×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 854.3k NOK → 302.6k NOK (-64.6% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 95.7k NOK → 3.91m NOK (+3985.1% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 1 → 3. Reported fact