A/S Vivat: årsregnskap 2015 vs 2014
Grew 13372074% on revenue, cash halved-plus
approved 2016-09-02; registry 2016-09-13; journal 2016 941785
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A/S Vivat. Revenue 46 NOK → 6.15m NOK (+13372073.9%). Equity 42.73m NOK → 11.65m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for A/S Vivat.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 46 NOK to 6.15m NOK (+13372073.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +45.87m NOK → -130.4k NOK (op. margin 99726073.9% → -2.1%). Calculated
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↓
Equity eroded
Book equity 42.73m NOK → 11.65m NOK (equity ratio 76.5% → 22.1%). Calculated
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↓
Cash fell
Bank deposits 4.90m NOK → 1.31m NOK (-73.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 71.78× → 0.07× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (4.90m NOK → 1.31m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 6.31m NOK → 648.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS moved
COGS / varekostnad 200 NOK → 6 151 NOK (+2975.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 34.96m NOK → 49.26m NOK. Reported fact