AC BLAZE AS: årsregnskap 2015 vs 2014
Grew 33% on revenue, returned to profit
approved 2016-06-30; registry 2016-09-07; journal 2016 914586
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AC BLAZE AS. Revenue 10.25m NOK → 13.58m NOK (+32.5%). Net result -69.2k NOK → +4.84m NOK. Equity 777.1k NOK → 618.7k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AC BLAZE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 10.25m NOK to 13.58m NOK (+32.5% YoY). Calculated
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↑
Operating result improved
Operating result -87.6k NOK → +1.15m NOK (op. margin -0.9% → 8.5%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 69.2k NOK to a profit of 4.84m NOK. Calculated
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↑
Cash rose
Bank deposits 2.33m NOK → 2.94m NOK (+26.3% YoY). Calculated
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↑
Payroll decreased
Salary cost 3.03m NOK → 2.98m NOK (30% → 22% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 777.1k NOK → 618.7k NOK (equity ratio 24.5% → 16.6%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 4.54m NOK → 6.58m NOK (+45.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 55.7k NOK → 31.2k NOK. Reported fact