FirmaIQ
Org.nr 993 554 790 2014 → 2015 Year-over-year analysis

AD MALERARBEID AS: årsregnskap 2015 vs 2014

Shrank 47% on revenue, cash halved-plus

approved 2016-03-31; registry 2016-04-07; journal 2016 356284

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AD MALERARBEID AS. Revenue 6.34m NOK → 3.35m NOK (-47.1%). Equity 211.6k NOK → 15 NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for AD MALERARBEID AS.

At a glance

Scorecard

Revenue
6.34m NOK 3.35m NOK
-47.1%
Equity
211.6k NOK 15 NOK
-100.0%
Cash
1.13m NOK 165.1k NOK
-85.4%
Total assets
2.14m NOK 519.3k NOK
-75.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.34m NOK to 3.35m NOK (-47.1% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 211.6k NOK → 15 NOK (equity ratio 9.9% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.13m NOK → 165.1k NOK (-85.4% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.16× → 0.47× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.13m NOK → 165.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 1.09m NOK → 550.8k NOK (-49.5% YoY). Calculated