ABC HÅNDVERKEREN FRANKIEWICZ AS: årsregnskap 2015 vs 2014
Shrank 67% on revenue, weaker earnings, cash halved-plus
approved 2016-05-23; registry 2016-06-14; journal 2016 512174
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ABC HÅNDVERKEREN FRANKIEWICZ AS. Revenue 7.00m NOK → 2.31m NOK (-67.0%). Net result +224.2k NOK → +60.1k NOK. Equity 60.3k NOK → 8.12m NOK.
On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 60.3k NOK → 8.12m NOK (equity ratio 15.2% → 2182.9%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.56× → 2559.88×. Calculated
-
↑
Payroll decreased
Salary cost 3.03m NOK → 1.27m NOK (43% → 55% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 7.00m NOK to 2.31m NOK (-67.0% YoY). Calculated
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↓
Operating result weakened
Operating result +295.9k NOK → +110.1k NOK (op. margin 4.2% → 4.8%). Calculated
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↓
Net result weakened
Net result +224.2k NOK → +60.1k NOK (net margin 3.2% → 2.6%). Calculated
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↓
Cash fell
Bank deposits 513.4k NOK → 244.2k NOK (-52.4% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 219.7k NOK → 683.9k NOK (+211.3% YoY). Calculated