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Org.nr 989 500 422 2014 → 2015 Year-over-year analysis

ACADEMICA MALERENTREPRENØREN AS: årsregnskap 2015 vs 2014

Shrank 15% on revenue, stronger earnings

approved 2016-03-18; registry 2016-04-04; journal 2016 346394

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ACADEMICA MALERENTREPRENØREN AS. Revenue 17.70m NOK → 15.02m NOK (-15.1%). Net result +1.45m NOK → +5.81m NOK. Equity 2.15m NOK → 2.17m NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACADEMICA MALERENTREPRENØREN AS.

At a glance

Scorecard

Revenue
17.70m NOK 15.02m NOK
-15.1%
Operating result
+1.95m NOK +1.10m NOK
-43.5%
Net result
+1.45m NOK +5.81m NOK
+301.6%
Equity
2.15m NOK 2.17m NOK
+0.6%
Cash
2.71m NOK 2.31m NOK
-14.5%
Total assets
5.84m NOK 5.64m NOK
-3.4%

What improved

  • ↑

    Net result improved

    Net result +1.45m NOK → +5.81m NOK (net margin 8.2% → 38.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.15m NOK → 2.17m NOK (equity ratio 36.9% → 38.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 17.70m NOK to 15.02m NOK (-15.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.95m NOK → +1.10m NOK (op. margin 11.0% → 7.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.71m NOK → 2.31m NOK (-14.5% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 6.31m NOK → 6.85m NOK (36% → 46% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 7.48m NOK → 4.82m NOK (-35.6% YoY). Calculated