A-SIGN AS: årsregnskap 2015 vs 2014
Shrank 45% on revenue
approved 2016-08-29; registry 2016-09-13; journal 2016 943166
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A-SIGN AS. Revenue 7.73m NOK → 4.28m NOK (-44.6%). Net result +588 NOK → +2 267 NOK. Equity 1.72m NOK → -1.23m NOK.
On the constructive side: net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for A-SIGN AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +588 NOK → +2 267 NOK (net margin 0.0% → 0.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.73m NOK to 4.28m NOK (-44.6% YoY). Calculated
-
↓
Equity eroded
Book equity 1.72m NOK → -1.23m NOK (equity ratio 34.0% → -49.5%). Calculated
-
↓
Cash fell
Bank deposits 999.4k NOK → 761.0k NOK (-23.9% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.39× → 0.64× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 2.85m NOK → 3.30m NOK (37% → 77% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -49.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 1.91m NOK → 1.15m NOK (-39.9% YoY). Calculated