A. SPORT AS: årsregnskap 2015 vs 2014
Shrank 15% on revenue, returned to profit
approved 2016-06-30; registry 2016-07-27; journal 2016 750934
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A. SPORT AS. Revenue 6.61m NOK → 5.63m NOK (-14.8%). Net result -713.9k NOK → +272.5k NOK. Equity 716.6k NOK → 989.2k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. SPORT AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -939.3k NOK → +432.8k NOK (op. margin -14.2% → 7.7%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 713.9k NOK to a profit of 272.5k NOK. Calculated
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↑
Equity strengthened
Book equity 716.6k NOK → 989.2k NOK (equity ratio 36.2% → 57.5%). Calculated
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↑
Cash rose
Bank deposits 80.9k NOK → 153.5k NOK (+89.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.61m NOK to 5.63m NOK (-14.8% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.36m NOK → 2.46m NOK (21% → 44% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 5.17m NOK → 3.60m NOK (-30.3% YoY). Calculated