A M AAGAARD AS: årsregnskap 2015 vs 2014
Mixed movements in the accounts
approved 2016-06-30; registry 2016-07-26; journal 2016 740720
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A M AAGAARD AS. Revenue 4.60m NOK → 4.61m NOK (+0.1%). Equity 448.3k NOK → 401.6k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A M AAGAARD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.60m NOK to 4.61m NOK (+0.1% YoY). Calculated
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↑
Cash rose
Bank deposits 35.4k NOK → 42.1k NOK (+19.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.03× → 1.07×. Calculated
-
↑
Payroll decreased
Salary cost 5.24m NOK → 1.15m NOK (114% → 25% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 448.3k NOK → 401.6k NOK (equity ratio 28.1% → 7.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 7.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation