ACTIVITY CONSULT FOLDVIK & ANDERSEN AS: årsregnskap 2015 vs 2014
Grew 65% on revenue, weaker earnings, cash halved-plus
approved 2016-09-18; registry 2016-09-20; journal 2016 951859
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ACTIVITY CONSULT FOLDVIK & ANDERSEN AS. Revenue 310.1k NOK → 510.8k NOK (+64.7%). Net result +221.9k NOK → +104.7k NOK. Equity -526.7k NOK → -230.2k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ACTIVITY CONSULT FOLDVIK & ANDERSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 310.1k NOK to 510.8k NOK (+64.7% YoY). Calculated
-
↑
Equity strengthened
Book equity -526.7k NOK → -230.2k NOK (equity ratio -784.6% → -646.7%). Calculated
What deteriorated
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↓
Net result weakened
Net result +221.9k NOK → +104.7k NOK (net margin 71.5% → 20.5%). Calculated
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↓
Cash fell
Bank deposits 56.3k NOK → 15.4k NOK (-72.6% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 45.9k NOK → 191.2k NOK (15% → 37% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 42.5k NOK → 64.1k NOK (+51.1% YoY). Calculated