A BYGG ENTREPRENØR AS: årsregnskap 2015 vs 2014
Shrank 29% on revenue, weaker earnings, cash halved-plus
approved 2016-05-31; registry 2016-07-07; journal 2016 647968
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A BYGG ENTREPRENØR AS. Revenue 317.57m NOK → 225.60m NOK (-29.0%). Net result +8.66m NOK → +717 NOK. Equity 20.40m NOK → 21.21m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for A BYGG ENTREPRENØR AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 20.40m NOK → 21.21m NOK (equity ratio 22.2% → 28.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 317.57m NOK to 225.60m NOK (-29.0% YoY). Calculated
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↓
Operating result weakened
Operating result +12.20m NOK → +829.1k NOK (op. margin 3.8% → 0.4%). Calculated
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↓
Net result weakened
Net result +8.66m NOK → +717 NOK (net margin 2.7% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 13.05m NOK → 853.5k NOK (-93.5% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 15.91m NOK → 23.85m NOK (5% → 11% of revenue). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (13.05m NOK → 853.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 284.52m NOK → 194.33m NOK (-31.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 287.7k NOK → 322 NOK. Reported fact