A/S SCAN AFRICAN: årsregnskap 2015 vs 2014
Shrank 16% on revenue, stronger earnings
approved 2016-05-30; registry 2016-07-12; journal 2016 672868
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A/S SCAN AFRICAN. Revenue 930.8k NOK → 784.6k NOK (-15.7%). Net result +6 339 NOK → +61.4k NOK. Equity 2.24m NOK → 3.18m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for A/S SCAN AFRICAN.
At a glance
Scorecard
What improved
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Net result improved
Net result +6 339 NOK → +61.4k NOK (net margin 0.7% → 7.8%). Calculated
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Equity strengthened
Book equity 2.24m NOK → 3.18m NOK (equity ratio 48.9% → 29.3%). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 930.8k NOK to 784.6k NOK (-15.7% YoY). Calculated
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Payroll up without matching revenue
Salary cost 527.8k NOK → 807.4k NOK (57% → 103% of revenue). Calculated
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COGS moved
COGS / varekostnad 3 788 NOK → 245.7k NOK (+6385.5% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 120.0k NOK → 120 NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 155.9k NOK → 2 000 NOK. Reported fact