A-FORM AS: årsregnskap 2015 vs 2014
Shrank 62% on revenue
approved 2016-04-28; registry 2016-05-09; journal 2016 410137
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A-FORM AS. Revenue 538.7k NOK → 206.3k NOK (-61.7%). Equity -11.2k NOK → -238.8k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A-FORM AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 1.13m NOK → 22.2k NOK (209% → 11% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 538.7k NOK to 206.3k NOK (-61.7% YoY). Calculated
-
↓
Equity eroded
Book equity -11.2k NOK → -238.8k NOK (equity ratio -7.6% → -106.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -106.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 172.4k NOK → 122.7k NOK (-28.8% YoY). Calculated