A/S MILLENIUM: årsregnskap 2015 vs 2014
Cash halved-plus
approved 2016-02-26; registry 2016-06-02; journal 2016 466165
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A/S MILLENIUM. Equity 36.76m NOK → 46.18m NOK.
On the constructive side: equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for A/S MILLENIUM.
At a glance
Scorecard
Equity
36.76m NOK
46.18m NOK
+25.6%
Cash
3.15m NOK
386.0k NOK
-87.7%
Total assets
36.89m NOK
48.35m NOK
+31.1%
What improved
-
↑
Equity strengthened
Book equity 36.76m NOK → 46.18m NOK (equity ratio 99.7% → 95.5%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 3.15m NOK → 386.0k NOK (-87.7% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.15m NOK → 386.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation