A.R. CONSULTING AS: årsregnskap 2015 vs 2014
Shrank 35% on revenue, weaker earnings
approved 2016-05-04; registry 2016-06-07; journal 2016 472218
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A.R. CONSULTING AS. Revenue 249.5k NOK → 161.1k NOK (-35.4%). Net result -87.7k NOK → -1.08m NOK. Equity 736.7k NOK → -342.4k NOK.
On the constructive side: cash rose; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for A.R. CONSULTING AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 250.2k NOK → 251.2k NOK (+0.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.02× → 1.61×. Calculated
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↑
Payroll decreased
Salary cost 91.6k NOK → -6 190 NOK (37% → -4% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 249.5k NOK to 161.1k NOK (-35.4% YoY). Calculated
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↓
Net result weakened
Net result -87.7k NOK → -1.08m NOK (net margin -35.2% → -669.8%). Calculated
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↓
Equity eroded
Book equity 736.7k NOK → -342.4k NOK (equity ratio 30.4% → -21.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -21.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 190.1k NOK → 90.4k NOK (-52.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 2.14m NOK → 2 143 NOK. Reported fact