Org.nr 941 487 084 2014 → 2015 Year-over-year analysis

A MARINE AS: årsregnskap 2015 vs 2014

Shrank 51% on revenue

approved 2016-04-29; registry 2016-08-22; journal 2016 847411

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for A MARINE AS. Revenue 204.0k NOK → 100.6k NOK (-50.7%). Equity -419.2k NOK → -432.9k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A MARINE AS.

At a glance

Revenue

204.0k NOK 100.6k NOK

-50.7%

Net result

n/m -13.7k NOK

—

Equity

-419.2k NOK -432.9k NOK

-3.3%

Cash

5 570 NOK 3 231 NOK

-42.0%

Total assets

31.5k NOK 28.0k NOK

-11.2%

↑
Payroll decreased

Salary cost 1 NOK → -8 961 NOK (0% → -9% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 204.0k NOK to 100.6k NOK (-50.7% YoY). Calculated
↓
Equity eroded

Book equity -419.2k NOK → -432.9k NOK (equity ratio -1329.1% → -1544.9%). Calculated
↓
Cash fell

Bank deposits 5 570 NOK → 3 231 NOK (-42.0% YoY). Calculated

·
Thin equity buffer

Equity ratio is -1544.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation