A ULVESETH AS: årsregnskap 2015 vs 2014
Shrank 9% on revenue, stronger earnings
approved 2016-06-30; registry 2016-07-28; journal 2016 754860
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A ULVESETH AS. Revenue 2.88m NOK → 2.63m NOK (-8.6%). Net result +186.4k NOK → +412.7k NOK.
On the constructive side: net result improved. 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 ULVESETH AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +186.4k NOK → +412.7k NOK (net margin 6.5% → 15.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.88m NOK to 2.63m NOK (-8.6% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 956.9k NOK → 1.02m NOK (33% → 39% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 674.4k NOK → 220.6k NOK (-67.3% YoY). Calculated