AB ENERGIFORVALTNING AS: årsregnskap 2015 vs 2014
Shrank 67% on revenue
approved 2016-06-17; registry 2016-07-13; journal 2016 674296
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AB ENERGIFORVALTNING AS. Revenue 311.9k NOK → 103.0k NOK (-67.0%). Equity 116.4k NOK → -83.0k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AB ENERGIFORVALTNING AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 24.5k NOK → 38.7k NOK (+58.2% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 311.9k NOK to 103.0k NOK (-67.0% YoY). Calculated
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↓
Operating result weakened
Operating result +21.6k NOK → -199.5k NOK (op. margin 6.9% → -193.7%). Calculated
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↓
Equity eroded
Book equity 116.4k NOK → -83.0k NOK (equity ratio 40.1% → -214.3%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.67× → 0.32× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 5 255 NOK → 251.5k NOK (2% → 244% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -214.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation