A/S Eiendomsutvikling: årsregnskap 2015 vs 2014
Grew 23% on revenue
approved 2016-05-26; registry 2016-07-02; journal 2016 608710
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A/S Eiendomsutvikling. Revenue 3.46m NOK → 4.25m NOK (+22.9%). Equity 2.12m NOK → 1.07m NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A/S Eiendomsutvikling.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.46m NOK to 4.25m NOK (+22.9% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 2.12m NOK → 1.07m NOK (equity ratio 8.7% → 4.7%). Calculated
-
↓
Cash fell
Bank deposits 974.5k NOK → 635.5k NOK (-34.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation