ABOVE MEDIA AS: årsregnskap 2015 vs 2014
Shrank 66% on revenue, weaker earnings
approved 2016-04-18; registry 2016-06-11; journal 2016 495750
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ABOVE MEDIA AS. Revenue 627.9k NOK → 215.8k NOK (-65.6%). Net result +410.7k NOK → +152.2k NOK. Equity 361.9k NOK → 360.1k NOK.
On the constructive side: cash rose; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 36.2k NOK → 659.7k NOK (+1719.9% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.05× → 2.19×. Calculated
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↑
Payroll decreased
Salary cost 71.7k NOK → 7 825 NOK (11% → 4% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 627.9k NOK to 215.8k NOK (-65.6% YoY). Calculated
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↓
Operating result weakened
Operating result +538.4k NOK → +194.0k NOK (op. margin 85.7% → 89.9%). Calculated
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↓
Net result weakened
Net result +410.7k NOK → +152.2k NOK (net margin 65.4% → 70.5%). Calculated
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↓
Equity eroded
Book equity 361.9k NOK → 360.1k NOK (equity ratio 998.4% → 54.3%). Calculated