Org.nr 930 481 599 2014 → 2015 Year-over-year analysis

ADDBRAND NORWAY AS: årsregnskap 2015 vs 2014

Shrank 14% on revenue

approved 2016-02-26; registry 2016-05-12; journal 2016 423571

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for ADDBRAND NORWAY AS. Revenue 48.10m NOK → 41.51m NOK (-13.7%). Equity 34.18m NOK → 8.51m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ADDBRAND NORWAY AS.

Scorecard

Revenue
48.10m NOK 41.51m NOK
-13.7%
Operating result
+2.30m NOK -640.2k NOK
-127.8%
Net result
n/m +1.68m NOK
—
Equity
34.18m NOK 8.51m NOK
-75.1%
Cash
1.10m NOK 3.59m NOK
+226.4%
Total assets
45.52m NOK 16.94m NOK
-62.8%

What improved

  • ↑

    Cash rose

    Bank deposits 1.10m NOK → 3.59m NOK (+226.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 48.10m NOK to 41.51m NOK (-13.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.30m NOK → -640.2k NOK (op. margin 4.8% → -1.5%). Calculated

  • ↓

    Equity eroded

    Book equity 34.18m NOK → 8.51m NOK (equity ratio 75.1% → 50.3%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 12.42m NOK → 1.48m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 26.97m NOK → 56.8k NOK. Reported fact