AD MEN AS: årsregnskap 2015 vs 2014
Mixed movements in the accounts
approved 2016-03-03; registry 2016-05-09; journal 2016 409069
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AD MEN AS. Revenue 490.5k NOK → 494.2k NOK (+0.7%). Equity 18.8k NOK → -4 670 NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AD MEN AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 490.5k NOK to 494.2k NOK (+0.7% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -17.5k NOK → -23.5k NOK (op. margin -3.6% → -4.8%). Calculated
-
↓
Equity eroded
Book equity 18.8k NOK → -4 670 NOK (equity ratio 15.7% → -4.1%). Calculated
-
↓
Cash fell
Bank deposits 77.3k NOK → 69.6k NOK (-10.0% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.19× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -4.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 700.5k NOK → 700 NOK (-99.9% YoY). Calculated