FirmaIQ
Org.nr 980 708 942 2014 → 2015 Year-over-year analysis

AD2R HOLDING AS: årsregnskap 2015 vs 2014

Weaker earnings

approved 2016-05-27; registry 2016-06-14; journal 2016 511410

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AD2R HOLDING AS. Revenue 8.26m NOK → 8.05m NOK (-2.5%). Net result +1.27m NOK → +665.2k NOK. Equity 1.66m NOK → 1.23m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AD2R HOLDING AS.

At a glance

Scorecard

Revenue
8.26m NOK 8.05m NOK
-2.5%
Net result
+1.27m NOK +665.2k NOK
-47.6%
Equity
1.66m NOK 1.23m NOK
-26.1%
Cash
365.6k NOK 349.2k NOK
-4.5%
Total assets
6.56m NOK 6.21m NOK
-5.2%

What improved

  • ↑

    Payroll decreased

    Salary cost 2.62m NOK → 2.58m NOK (32% → 32% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.26m NOK to 8.05m NOK (-2.5% YoY). Calculated

  • ↓

    Net result weakened

    Net result +1.27m NOK → +665.2k NOK (net margin 15.4% → 8.3%). Calculated

  • ↓

    Equity eroded

    Book equity 1.66m NOK → 1.23m NOK (equity ratio 25.4% → 19.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 365.6k NOK → 349.2k NOK (-4.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.28× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 563.7k NOK → 1.58m NOK. Reported fact