FirmaIQ
Org.nr 990 022 151 2014 → 2015 Year-over-year analysis

AB SERVICE AS: årsregnskap 2015 vs 2014

Shrank 6% on revenue, weaker earnings

approved 2016-06-30; registry 2016-09-07; journal 2016 915241

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AB SERVICE AS. Revenue 5.63m NOK → 5.27m NOK (-6.4%). Net result +914.2k NOK → +564.0k NOK. Equity 2.02m NOK → 2.58m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AB SERVICE AS.

At a glance

Scorecard

Revenue
5.63m NOK 5.27m NOK
-6.4%
Net result
+914.2k NOK +564.0k NOK
-38.3%
Equity
2.02m NOK 2.58m NOK
+28.0%
Cash
757 NOK 425.90m NOK
+56262087.2%
Total assets
4.47m NOK 9.20m NOK
+105.8%

What improved

  • ↑

    Equity strengthened

    Book equity 2.02m NOK → 2.58m NOK (equity ratio 45.1% → 28.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 757 NOK → 425.90m NOK (+56262087.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.63m NOK to 5.27m NOK (-6.4% YoY). Calculated

  • ↓

    Net result weakened

    Net result +914.2k NOK → +564.0k NOK (net margin 16.2% → 10.7%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.23m NOK → 2.24m NOK (40% → 43% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.10m NOK → 182.1k NOK (-83.5% YoY). Calculated