FirmaIQ
Org.nr 812 084 062 2014 → 2015 Year-over-year analysis

A O GREVSTAD EIENDOM AS: årsregnskap 2015 vs 2014

Stronger earnings

approved 2016-06-30; registry 2016-07-26; journal 2016 743506

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for A O GREVSTAD EIENDOM AS. Revenue 15.49m NOK → 15.14m NOK (-2.3%). Net result +1.28m NOK → +3.70m NOK. Equity 13.41m NOK → 15.61m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A O GREVSTAD EIENDOM AS.

At a glance

Scorecard

Revenue
15.49m NOK 15.14m NOK
-2.3%
Net result
+1.28m NOK +3.70m NOK
+190.1%
Equity
13.41m NOK 15.61m NOK
+16.4%
Cash
3.19m NOK 3.98m NOK
+24.8%
Total assets
129.81m NOK 133.33m NOK
+2.7%

What improved

  • ↑

    Net result improved

    Net result +1.28m NOK → +3.70m NOK (net margin 8.2% → 24.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 13.41m NOK → 15.61m NOK (equity ratio 10.3% → 11.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.19m NOK → 3.98m NOK (+24.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 15.49m NOK to 15.14m NOK (-2.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.50m NOK → 1.83m NOK (10% → 12% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 3 411 NOK → 2.12m NOK (+61988.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 47.53m NOK → 44.65m NOK. Reported fact