A2BUS AS: årsregnskap 2015 vs 2014
Shrank 9% on revenue, stronger earnings
approved 2016-09-24; registry 2016-10-04; journal 2016 957332
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for A2BUS AS. Revenue 1.92m NOK → 1.75m NOK (-8.8%). Net result -304.9k NOK → -86.6k NOK. Equity 596.8k NOK → 350.2k NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A2BUS AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -267.6k NOK → -63.4k NOK (op. margin -14.0% → -3.6%). Calculated
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↑
Net result improved
Net result -304.9k NOK → -86.6k NOK (net margin -15.9% → -5.0%). Calculated
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↑
Payroll decreased
Salary cost 757.5k NOK → 616.8k NOK (40% → 35% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.92m NOK to 1.75m NOK (-8.8% YoY). Calculated
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↓
Equity eroded
Book equity 596.8k NOK → 350.2k NOK (equity ratio 42.8% → 58.5%). Calculated
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↓
Cash fell
Bank deposits 286.8k NOK → 250.5k NOK (-12.7% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 48.7k NOK → 16.7k NOK (-65.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 368.2k NOK → 242.0k NOK. Reported fact