Org.nr 990 694 311 2014 → 2015 Year-over-year analysis

ACCOUNTOR CREDIT GROUP AS: årsregnskap 2015 vs 2014

Shrank 47% on revenue, stronger earnings

approved 2016-01-21; registry 2016-08-27; journal 2016 861418

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ACCOUNTOR CREDIT GROUP AS. Revenue 114.8k NOK → 60.9k NOK (-47.0%). Net result -161.6k NOK → -99.9k NOK. Equity 7.79m NOK → 7.69m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACCOUNTOR CREDIT GROUP AS.

Scorecard

Revenue
114.8k NOK 60.9k NOK
-47.0%
Operating result
-105.3k NOK -21.8k NOK
+79.3%
Net result
-161.6k NOK -99.9k NOK
+38.2%
Equity
7.79m NOK 7.69m NOK
-1.3%
Cash
17.6k NOK 20.9k NOK
+19.0%
Total assets
9.79m NOK 9.77m NOK
-0.1%

What improved

  • ↑

    Operating result improved

    Operating result -105.3k NOK → -21.8k NOK (op. margin -91.7% → -35.8%). Calculated

  • ↑

    Net result improved

    Net result -161.6k NOK → -99.9k NOK (net margin -140.8% → -164.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 17.6k NOK → 20.9k NOK (+19.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 114.8k NOK to 60.9k NOK (-47.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 7.79m NOK → 7.69m NOK (equity ratio 79.6% → 78.7%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 75.5k NOK → 14.3k NOK (-81.1% YoY). Calculated