ACTIVESPORT AS: årsregnskap 2015 vs 2014
Shrank 30% on revenue, slipped into loss
approved 2016-05-31; registry 2016-07-16; journal 2016 698236
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ACTIVESPORT AS. Revenue 724.8k NOK → 505.7k NOK (-30.2%). Net result +63.6k NOK → -2 169 NOK. Equity 94.0k NOK → 91.2k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACTIVESPORT AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 431 NOK → 11.9k NOK (+2672.6% YoY). Calculated
-
↑
Payroll decreased
Salary cost 24.8k NOK → 6 488 NOK (3% → 1% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 724.8k NOK to 505.7k NOK (-30.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +81.2k NOK → +13.0k NOK (op. margin 11.2% → 2.6%). Calculated
-
↓
Fell into a net loss
Net result flipped from 63.6k NOK profit to a loss of 2 169 NOK. Calculated
-
↓
Equity eroded
Book equity 94.0k NOK → 91.2k NOK (equity ratio 20.8% → 16.6%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 453.4k NOK → 331.4k NOK (-26.9% YoY). Calculated