ABE STAR PARKETT AS: årsregnskap 2015 vs 2014
Grew 78% on revenue, stronger earnings
approved 2016-06-30; registry 2016-07-19; journal 2016 717441
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ABE STAR PARKETT AS. Revenue 3.28m NOK → 5.83m NOK (+77.9%). Net result +23.2k NOK → +777.1k NOK. Equity 991.4k NOK → 18.5k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ABE STAR PARKETT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 3.28m NOK to 5.83m NOK (+77.9% YoY). Calculated
-
↑
Operating result improved
Operating result +46.1k NOK → +1.14m NOK (op. margin 1.4% → 19.5%). Calculated
-
↑
Net result improved
Net result +23.2k NOK → +777.1k NOK (net margin 0.7% → 13.3%). Calculated
-
↑
Cash rose
Bank deposits 285.8k NOK → 348.0k NOK (+21.8% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 991.4k NOK → 18.5k NOK (equity ratio 56.5% → 0.5%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 2.06m NOK → 2.38m NOK (63% → 41% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 634.3k NOK → 649.7k NOK (+2.4% YoY). Calculated