ADAM OG EVA JESSHEIM AS: årsregnskap 2015 vs 2014
Grew 586% on revenue, stronger earnings
approved 2016-04-05; registry 2016-04-11; journal 2016 360132
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADAM OG EVA JESSHEIM AS. Revenue 427.9k NOK → 2.93m NOK (+585.6%). Net result -295.0k NOK → -192.7k NOK. Equity 38.9k NOK → -153.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for ADAM OG EVA JESSHEIM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 427.9k NOK to 2.93m NOK (+585.6% YoY). Calculated
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↑
Operating result improved
Operating result -293.5k NOK → -191.4k NOK (op. margin -68.6% → -6.5%). Calculated
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↑
Net result improved
Net result -295.0k NOK → -192.7k NOK (net margin -69.0% → -6.6%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 38.9k NOK → -153.8k NOK (equity ratio 4.8% → -27.5%). Calculated
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↓
Cash fell
Bank deposits 233.3k NOK → 210.0k NOK (-10.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -27.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 9 NOK → 1.55m NOK (0% → 53% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 398.0k NOK → 507.0k NOK (+27.4% YoY). Calculated