Org.nr 996 494 225 2014 → 2015 Year-over-year analysis

AD PROSJEKT BYGG AS: årsregnskap 2015 vs 2014

Shrank 36% on revenue

approved 2016-05-27; registry 2016-06-14; journal 2016 511422

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AD PROSJEKT BYGG AS. Revenue 18.95m NOK → 12.08m NOK (-36.2%). Equity 395.1k NOK → 1 135 NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AD PROSJEKT BYGG AS.

At a glance

Revenue

18.95m NOK 12.08m NOK

-36.2%

Net result

n/m +740.9k NOK

—

Equity

395.1k NOK 1 135 NOK

-99.7%

Cash

2.98m NOK 4.69m NOK

+57.2%

Total assets

4.67m NOK 6.80m NOK

+45.6%

↓
Revenue fell

Operating income / revenue moved from 18.95m NOK to 12.08m NOK (-36.2% YoY). Calculated
↓
Equity eroded

Book equity 395.1k NOK → 1 135 NOK (equity ratio 8.5% → 0.0%). Calculated
↓
Payroll up without matching revenue

Salary cost 1.24m NOK → 8.32m NOK (7% → 69% of revenue). Calculated

·
Thin equity buffer

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

COGS / varekostnad 15.01m NOK → 8.72m NOK (-41.9% YoY). Calculated