A.G TAVLESERVICE AS: årsregnskap 2015 vs 2014
Shrank 19% on revenue, weaker earnings
approved 2016-06-06; registry 2016-07-21; journal 2016 732242
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A.G TAVLESERVICE AS. Revenue 4.99m NOK → 4.03m NOK (-19.3%). Net result +232.4k NOK → +75.5k NOK. Equity 688.0k NOK → 763.5k NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A.G TAVLESERVICE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 688.0k NOK → 763.5k NOK (equity ratio 47.1% → 427.6%). Calculated
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↑
Cash rose
Bank deposits 416.6k NOK → 794.9k NOK (+90.8% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.55× → 3.10×. Calculated
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↑
Owners injected capital
Paid-in equity rose 688.0k NOK → 763.5k NOK (+75.5k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.99m NOK to 4.03m NOK (-19.3% YoY). Calculated
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↓
Net result weakened
Net result +232.4k NOK → +75.5k NOK (net margin 4.7% → 1.9%). Calculated
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↓
Payroll up without matching revenue
Salary cost 531.7k NOK → 542.6k NOK (11% → 13% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.45m NOK → 2.59m NOK (-24.9% YoY). Calculated