A.FURULUND ASFALT AS: årsregnskap 2015 vs 2014
Grew 37% on revenue
approved 2016-03-04; registry 2016-06-25; journal 2016 569166
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A.FURULUND ASFALT AS. Revenue 4.43m NOK → 6.09m NOK (+37.4%). Equity 686.7k NOK → 229.9k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for A.FURULUND ASFALT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.43m NOK to 6.09m NOK (+37.4% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 686.7k NOK → 229.9k NOK (equity ratio 44.9% → 9.6%). Calculated
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↓
Cash fell
Bank deposits 360.4k NOK → 252.7k NOK (-29.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.36× → 0.33× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 1.52m NOK → 1.68m NOK (+10.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 42.4k NOK → 19.0k NOK. Reported fact