AB TRAFIKKSENTER AS: årsregnskap 2015 vs 2014
Weaker earnings
approved 2016-04-27; registry 2017-05-02; journal 2017 314134
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AB TRAFIKKSENTER AS. Revenue 6.03m NOK → 5.86m NOK (-2.9%). Net result -1 295 NOK → -728.4k NOK. Equity -1.43m NOK → -2.16m NOK.
On the constructive side: operating result improved; cash rose; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AB TRAFIKKSENTER AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -1.10m NOK → -634.5k NOK (op. margin -18.3% → -10.8%). Calculated
-
↑
Cash rose
Bank deposits 203.3k NOK → 226.4k NOK (+11.4% YoY). Calculated
-
↑
Payroll decreased
Salary cost 3.15m NOK → 2.87m NOK (52% → 49% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 6.03m NOK to 5.86m NOK (-2.9% YoY). Calculated
-
↓
Net result weakened
Net result -1 295 NOK → -728.4k NOK (net margin -0.0% → -12.4%). Calculated
-
↓
Equity eroded
Book equity -1.43m NOK → -2.16m NOK (equity ratio -74.8% → -131.7%). Calculated
-
↓
COGS moved
COGS / varekostnad 33.8k NOK → 409.3k NOK (+1109.5% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -131.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 8 581 NOK → -8 052 NOK. Reported fact