A&B ELEKTRO INSTALLASJON AS: årsregnskap 2015 vs 2014
Shrank 76% on revenue, stronger earnings, cash halved-plus
approved 2016-06-24; registry 2016-09-07; journal 2016 915331
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A&B ELEKTRO INSTALLASJON AS. Revenue 137.9k NOK → 32.7k NOK (-76.3%). Net result -37.6k NOK → -2 213 NOK. Equity 32.8k NOK → 30.5k NOK.
On the constructive side: net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A&B ELEKTRO INSTALLASJON AS.
At a glance
Scorecard
What improved
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Net result improved
Net result -37.6k NOK → -2 213 NOK (net margin -27.2% → -6.8%). Calculated
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Payroll decreased
Salary cost 471.5k NOK → 1 471 NOK (342% → 4% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 137.9k NOK to 32.7k NOK (-76.3% YoY). Calculated
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Equity eroded
Book equity 32.8k NOK → 30.5k NOK (equity ratio 21.5% → 66.6%). Calculated
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Cash fell
Bank deposits 102.9k NOK → 30.1k NOK (-70.7% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 308.2k NOK → 21.7k NOK (-93.0% YoY). Calculated