A.HILDONEN BAKERI & KONDITORI AS: årsregnskap 2015 vs 2014
Grew 8% on revenue, returned to profit, cash halved-plus
approved 2016-06-23; registry 2016-07-05; journal 2016 623319
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A.HILDONEN BAKERI & KONDITORI AS. Revenue 9.16m NOK → 9.87m NOK (+7.8%). Net result -36.5k NOK → +266.1k NOK. Equity -184.4k NOK → 80.8k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell.
Also worth watching: operating result unchanged; payroll increased; cogs moved. All figures are taken from the published annual accounts for A.HILDONEN BAKERI & KONDITORI AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 9.16m NOK to 9.87m NOK (+7.8% YoY). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 36.5k NOK to a profit of 266.1k NOK. Calculated
-
↑
Equity strengthened
Book equity -184.4k NOK → 80.8k NOK (equity ratio -7.9% → 2.8%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 803.3k NOK → 79.9k NOK (-90.0% YoY). Calculated
Things to notice
-
·
Operating result unchanged
Operating result +81.1k NOK → +81.1k NOK (op. margin 0.9% → 0.8%). Calculated
-
·
Payroll increased
Salary cost 4.31m NOK → 4.52m NOK (47% → 46% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 2.27m NOK → 2.43m NOK (+7.1% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 239.9k NOK → 153.4k NOK. Reported fact