Org.nr 983 384 099 2014 → 2015 Year-over-year analysis

A-TECH PROFFSERVICE AS: årsregnskap 2015 vs 2014

Shrank 69% on revenue, cash halved-plus, fresh owner capital

approved 2017-09-04; registry 2017-09-06; journal 2017 882886

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for A-TECH PROFFSERVICE AS. Revenue 2.14m NOK → 666.5k NOK (-68.8%). Equity -2.76m NOK → -3.24m NOK.

On the constructive side: owners injected capital. 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-TECH PROFFSERVICE AS.

Scorecard

Revenue
2.14m NOK 666.5k NOK
-68.8%
Equity
-2.76m NOK -3.24m NOK
-17.5%
Cash
94.9k NOK 4 189 NOK
-95.6%
Total assets
1.04m NOK 783.1k NOK
-25.0%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 105.0k NOK → 221.1k NOK (+116.1k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.14m NOK to 666.5k NOK (-68.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -2.76m NOK → -3.24m NOK (equity ratio -264.0% → -413.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 94.9k NOK → 4 189 NOK (-95.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -413.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 49.8k NOK → 33.4k NOK (-32.9% YoY). Calculated