A2B DESIGN PARTNER AS: årsregnskap 2015 vs 2014
Shrank 72% on revenue, slipped into loss, cash halved-plus
approved 2016-04-14; registry 2016-04-20; journal 2016 377741
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A2B DESIGN PARTNER AS. Revenue 2.90m NOK → 803.8k NOK (-72.3%). Net result +303.7k NOK → -448.5k NOK. Equity 54.6k NOK → 7.61m NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A2B DESIGN PARTNER AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 54.6k NOK → 7.61m NOK (equity ratio 15.4% → 840.9%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.96× → 2.94×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.90m NOK to 803.8k NOK (-72.3% YoY). Calculated
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↓
Operating result weakened
Operating result +785.5k NOK → -449.5k NOK (op. margin 27.1% → -55.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 303.7k NOK profit to a loss of 448.5k NOK. Calculated
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↓
Cash fell
Bank deposits 398.3k NOK → 119.3k NOK (-70.0% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 616.1k NOK → 846.1k NOK (21% → 105% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 264.4k NOK → 68.2k NOK (-74.2% YoY). Calculated