A OLSEN & SØNN AS: årsregnskap 2015 vs 2014
Mixed movements in the accounts
approved 2016-03-10; registry 2016-04-27; journal 2016 394874
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A OLSEN & SØNN AS. Revenue 3.18m NOK → 3.05m NOK (-4.0%). Equity 1.25m NOK → 1.11m NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
3.18m NOK
3.05m NOK
-4.0%
Equity
1.25m NOK
1.11m NOK
-10.9%
Cash
532.6k NOK
463.0k NOK
-13.1%
Total assets
4.05m NOK
3.31m NOK
-18.3%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.18m NOK to 3.05m NOK (-4.0% YoY). Calculated
-
↓
Equity eroded
Book equity 1.25m NOK → 1.11m NOK (equity ratio 30.8% → 33.6%). Calculated
-
↓
Cash fell
Bank deposits 532.6k NOK → 463.0k NOK (-13.1% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.29m NOK → 1.31m NOK (41% → 43% of revenue). Calculated