A1 PROPERTY AS: årsregnskap 2015 vs 2014
Shrank 100% on revenue
approved 2016-06-10; registry 2016-06-21; journal 2016 552447
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A1 PROPERTY AS. Revenue 594.5k NOK → 1 395 NOK (-99.8%). Equity 166.8k NOK → 197.7k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A1 PROPERTY AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 166.8k NOK → 197.7k NOK (equity ratio 1.4% → 1.0%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 594.5k NOK to 1 395 NOK (-99.8% YoY). Calculated
-
↓
Cash fell
Bank deposits 160.5k NOK → 122.7k NOK (-23.5% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 32.26× → 0.05× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
COGS moved
COGS / varekostnad 43.4k NOK → 232.5k NOK (+435.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation