ACCOUNTOR VAT-SERVICE AS: årsregnskap 2015 vs 2014
Weaker earnings, cash halved-plus
approved 2016-03-02; registry 2016-07-05; journal 2016 632410
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ACCOUNTOR VAT-SERVICE AS. Revenue 2.93m NOK → 3.01m NOK (+2.8%). Net result +734.8k NOK → +586.4k NOK. Equity 160.3k NOK → 162.7k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ACCOUNTOR VAT-SERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.93m NOK to 3.01m NOK (+2.8% YoY). Calculated
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↑
Operating result improved
Operating result +60.3k NOK → +819.5k NOK (op. margin 2.1% → 27.2%). Calculated
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↑
Equity strengthened
Book equity 160.3k NOK → 162.7k NOK (equity ratio 3.3% → 4.6%). Calculated
What deteriorated
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↓
Net result weakened
Net result +734.8k NOK → +586.4k NOK (net margin 25.1% → 19.5%). Calculated
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↓
Cash fell
Bank deposits 210.9k NOK → 30.8k NOK (-85.4% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 4.22× → 0.63× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.77m NOK → 2.05m NOK (61% → 68% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 333 NOK → 1 406 NOK. Reported fact