A JØRGENSEN AS: årsregnskap 2015 vs 2014
Grew 74% on revenue, weaker earnings, cash halved-plus
approved 2016-03-23; registry 2016-05-12; journal 2016 424197
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A JØRGENSEN AS. Revenue 221.6k NOK → 385.4k NOK (+73.9%). Net result +79.9k NOK → +5 288 NOK. Equity 916.9k NOK → 823.0k NOK.
On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for A JØRGENSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 221.6k NOK to 385.4k NOK (+73.9% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +79.9k NOK → +5 288 NOK (net margin 36.0% → 1.4%). Calculated
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↓
Equity eroded
Book equity 916.9k NOK → 823.0k NOK (equity ratio 95.5% → 83.9%). Calculated
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↓
Cash fell
Bank deposits 77.9k NOK → 18.7k NOK (-76.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 9.75× → 0.46× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1 204 NOK → 327.7k NOK (1% → 85% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 7.16m NOK → 4.16m NOK. Reported fact