ADAMS BYGGESERVICE AS: årsregnskap 2015 vs 2014
Grew 49% on revenue
approved 2016-04-25; registry 2016-04-28; journal 2016 398332
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADAMS BYGGESERVICE AS. Revenue 451.2k NOK → 673.9k NOK (+49.3%). Equity 33.0k NOK → -13.4k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ADAMS BYGGESERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 451.2k NOK to 673.9k NOK (+49.3% YoY). Calculated
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↑
Cash rose
Bank deposits 19.5k NOK → 75.4k NOK (+286.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +4 528 NOK → -45.6k NOK (op. margin 1.0% → -6.8%). Calculated
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↓
Equity eroded
Book equity 33.0k NOK → -13.4k NOK (equity ratio 46.2% → -17.8%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.86× → 0.85× — 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 -17.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 94.0k NOK → 309.4k NOK (+229.2% YoY). Calculated