A TEAM MANAGEMENT AS: årsregnskap 2015 vs 2014
Shrank 95% on revenue, cash halved-plus
approved 2016-08-11; registry 2016-09-08; journal 2016 922182
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A TEAM MANAGEMENT AS. Revenue 1.25m NOK → 63.9k NOK (-94.9%). Equity -373.4k NOK → -501.4k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A TEAM MANAGEMENT AS.
At a glance
Scorecard
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.25m NOK to 63.9k NOK (-94.9% YoY). Calculated
-
↓
Equity eroded
Book equity -373.4k NOK → -501.4k NOK (equity ratio -103.1% → -259.6%). Calculated
-
↓
Cash fell
Bank deposits 178.1k NOK → 5 973 NOK (-96.6% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -259.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation