A-GAVE AS: årsregnskap 2015 vs 2014
Shrank 40% on revenue, cash halved-plus
approved 2016-02-29; registry 2016-03-12; journal 2016 327003
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A-GAVE AS. Revenue 10.62m NOK → 6.34m NOK (-40.2%). Equity 1.14m NOK → 6.73m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.
Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for A-GAVE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.14m NOK → 6.73m NOK (equity ratio 33.1% → 443.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 10.62m NOK to 6.34m NOK (-40.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +752.4k NOK → -530.1k NOK (op. margin 7.1% → -8.4%). Calculated
-
↓
Cash fell
Bank deposits 2.54m NOK → 356.6k NOK (-85.9% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.57m NOK → 1.72m NOK (15% → 27% of revenue). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.54m NOK → 356.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
COGS fell
COGS / varekostnad 7.46m NOK → 4.45m NOK (-40.4% YoY). Calculated