A. Vikhagen AS: årsregnskap 2015 vs 2014
Shrank 18% on revenue, weaker earnings
approved 2016-04-11; registry 2016-04-13; journal 2016 366504
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A. Vikhagen AS. Revenue 2.04m NOK → 1.68m NOK (-17.8%). Net result +67.5k NOK → +52.0k NOK. Equity 943.9k NOK → 996.0k NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. Vikhagen AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 943.9k NOK → 996.0k NOK (equity ratio 72.6% → 77.1%). Calculated
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↑
Cash rose
Bank deposits 476.4k NOK → 741.0k NOK (+55.5% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.00× → 2.62×. Calculated
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↑
Payroll decreased
Salary cost 874.6k NOK → 753.7k NOK (43% → 45% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.04m NOK to 1.68m NOK (-17.8% YoY). Calculated
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↓
Operating result weakened
Operating result +93.6k NOK → +70.3k NOK (op. margin 4.6% → 4.2%). Calculated
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↓
Net result weakened
Net result +67.5k NOK → +52.0k NOK (net margin 3.3% → 3.1%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 667.0k NOK → 432.8k NOK (-35.1% YoY). Calculated