FirmaIQ
Org.nr 937 794 878 2014 → 2015 Year-over-year analysis

ABILDSØ ELEKTRISKE AS: årsregnskap 2015 vs 2014

Grew 59% on revenue, stronger earnings

approved 2016-06-24; registry 2016-07-25; journal 2016 730944

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ABILDSØ ELEKTRISKE AS. Revenue 25.38m NOK → 40.23m NOK (+58.5%). Net result +682.8k NOK → +4.27m NOK. Equity 778.7k NOK → 51.7k 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. All figures are taken from the published annual accounts for ABILDSØ ELEKTRISKE AS.

At a glance

Scorecard

Revenue
25.38m NOK 40.23m NOK
+58.5%
Operating result
+2.28m NOK +5.87m NOK
+157.6%
Net result
+682.8k NOK +4.27m NOK
+525.8%
Equity
778.7k NOK 51.7k NOK
-93.4%
Cash
149.7k NOK 5.06m NOK
+3278.6%
Total assets
7.73m NOK 19.55m NOK
+153.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 25.38m NOK to 40.23m NOK (+58.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +2.28m NOK → +5.87m NOK (op. margin 9.0% → 14.6%). Calculated

  • ↑

    Net result improved

    Net result +682.8k NOK → +4.27m NOK (net margin 2.7% → 10.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 149.7k NOK → 5.06m NOK (+3278.6% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 778.7k NOK → 51.7k NOK (equity ratio 10.1% → 0.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 10.09m NOK → 10.70m NOK (40% → 27% of revenue). Calculated