Org.nr 989 200 860 2014 → 2015 Year-over-year analysis

A. EVENSEN EIENDOM AS: årsregnskap 2015 vs 2014

Grew 6160% on revenue, returned to profit

approved 2016-06-30; registry 2016-08-03; journal 2016 794343

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for A. EVENSEN EIENDOM AS. Revenue 83.3k NOK → 5.22m NOK (+6159.6%). Net result -337.4k NOK → +297.5k NOK. Equity 2.53m NOK → 2.83m NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A. EVENSEN EIENDOM AS.

Scorecard

Revenue
83.3k NOK 5.22m NOK
+6159.6%
Net result
-337.4k NOK +297.5k NOK
+188.2%
Equity
2.53m NOK 2.83m NOK
+11.8%
Cash
103.2k NOK 426.9k NOK
+313.8%
Total assets
7.02m NOK 9.95m NOK
+41.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 83.3k NOK to 5.22m NOK (+6159.6% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 337.4k NOK to a profit of 297.5k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2.53m NOK → 2.83m NOK (equity ratio 36.1% → 28.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 103.2k NOK → 426.9k NOK (+313.8% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 37.41× → 0.77× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 8 329 NOK → 3.54m NOK (+42396.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1 NOK → 2 255 NOK. Reported fact