ACTIVE BRANDS AS: årsregnskap 2015 vs 2014
Grew 56% on revenue, weaker earnings, fresh owner capital
approved 2016-04-12; registry 2016-06-20; journal 2016 537277
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ACTIVE BRANDS AS. Revenue 402.9k NOK → 628.2k NOK (+55.9%). Net result +9.13m NOK → +6.57m NOK. Equity 181.9k NOK → 11.19m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ACTIVE BRANDS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 402.9k NOK to 628.2k NOK (+55.9% YoY). Calculated
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↑
Operating result improved
Operating result +16.21m NOK → +18.66m NOK (op. margin 4023.6% → 2969.9%). Calculated
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↑
Equity strengthened
Book equity 181.9k NOK → 11.19m NOK (equity ratio 42.1% → 2077.9%). Calculated
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↑
Cash rose
Bank deposits 2.50m NOK → 3.01m NOK (+20.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.00× → 1.27×. Calculated
What deteriorated
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↓
Net result weakened
Net result +9.13m NOK → +6.57m NOK (net margin 2266.3% → 1046.5%). Calculated
Things to notice
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·
Payroll increased
Salary cost 89.41m NOK → 101.11m NOK (22193% → 16096% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 230.8k NOK → 389.6k NOK (+68.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 72.39m NOK → 291.0k NOK. Reported fact