A-BRA AS: årsregnskap 2015 vs 2014
Shrank 36% on revenue, stronger earnings
approved 2016-08-15; registry 2016-09-17; journal 2016 949401
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A-BRA AS. Revenue 117.8k NOK → 75.2k NOK (-36.2%). Net result -2.06m NOK → -479.4k NOK. Equity 11.88m NOK → 10.90m NOK.
On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A-BRA AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -2.06m NOK → -479.4k NOK (net margin -1752.3% → -637.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 117.8k NOK to 75.2k NOK (-36.2% YoY). Calculated
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↓
Operating result weakened
Operating result -609.6k NOK → -615.9k NOK (op. margin -517.4% → -819.1%). Calculated
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↓
Equity eroded
Book equity 11.88m NOK → 10.90m NOK (equity ratio 99.9% → 95.5%). Calculated
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↓
Cash fell
Bank deposits 5.25m NOK → 4.86m NOK (-7.4% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 23.8k NOK → 75.5k NOK (20% → 100% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1 NOK → 95.1k NOK. Reported fact