Org.nr 990 335 206 2014 → 2015 Year-over-year analysis

ACDN WORKS AS: årsregnskap 2015 vs 2014

Shrank 100% on revenue, stronger earnings

approved 2016-05-30; registry 2016-06-15; journal 2016 518014

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ACDN WORKS AS. Revenue 300.0k NOK → 300 NOK (-99.9%). Net result +359.7k NOK → +459.1k NOK. Equity 8.15m NOK → 8.61m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACDN WORKS AS.

Scorecard

Revenue
300.0k NOK 300 NOK
-99.9%
Operating result
+288.8k NOK -24.9k NOK
-108.6%
Net result
+359.7k NOK +459.1k NOK
+27.6%
Equity
8.15m NOK 8.61m NOK
+5.6%
Cash
2.70m NOK 2.91m NOK
+7.7%
Total assets
8.85m NOK 8.89m NOK
+0.4%

What improved

  • ↑

    Net result improved

    Net result +359.7k NOK → +459.1k NOK (net margin 119.9% → 153043.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 8.15m NOK → 8.61m NOK (equity ratio 92.1% → 96.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.70m NOK → 2.91m NOK (+7.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 300.0k NOK to 300 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +288.8k NOK → -24.9k NOK (op. margin 96.3% → -8296.3%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3.17m NOK → 3.19m NOK. Reported fact