A NEW TYPE OF INVESTMENT AS: årsregnskap 2015 vs 2014
Grew 177006% on revenue, stronger earnings, cash halved-plus
approved 2016-04-24; registry 2016-07-30; journal 2016 764452
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A NEW TYPE OF INVESTMENT AS. Revenue 2 330 NOK → 4.13m NOK (+177005.7%). Net result +175.8k NOK → +592.3k NOK. Equity 213.9k NOK → 806.2k NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; payroll increased; book investments changed. All figures are taken from the published annual accounts for A NEW TYPE OF INVESTMENT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2 330 NOK to 4.13m NOK (+177005.7% YoY). Calculated
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Net result improved
Net result +175.8k NOK → +592.3k NOK (net margin 7546.9% → 14.4%). Calculated
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↑
Equity strengthened
Book equity 213.9k NOK → 806.2k NOK (equity ratio 7.5% → 24.4%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 1.66m NOK → 462.9k NOK (-72.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.06× → 0.82× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (1.66m NOK → 462.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Payroll increased
Salary cost 2 065 NOK → 3.29m NOK (89% → 80% of revenue). Calculated
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Book investments changed
Investment / intangible book value 57.9k NOK → 1.26m NOK. Reported fact