FirmaIQ
Org.nr 988 774 677 2014 → 2015 Year-over-year analysis

ADDCON NORDIC AS: årsregnskap 2015 vs 2014

Shrank 7% on revenue, weaker earnings

approved 2016-05-19; registry 2016-08-01; journal 2016 779875

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADDCON NORDIC AS. Revenue 344.85m NOK → 320.16m NOK (-7.2%). Net result +486.0k NOK → +801 NOK. Equity 38.97m NOK → 43.77m NOK.

On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; net result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADDCON NORDIC AS.

At a glance

Scorecard

Revenue
344.85m NOK 320.16m NOK
-7.2%
Operating result
+8.67m NOK n/m
—
Net result
+486.0k NOK +801 NOK
-99.8%
Equity
38.97m NOK 43.77m NOK
+12.3%
Cash
6.45m NOK 13.11m NOK
+103.2%
Total assets
243.20m NOK 221.27m NOK
-9.0%

What improved

  • ↑

    Equity strengthened

    Book equity 38.97m NOK → 43.77m NOK (equity ratio 16.0% → 19.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.45m NOK → 13.11m NOK (+103.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 38.97m NOK → 43.77m NOK (+4.80m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 344.85m NOK to 320.16m NOK (-7.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result +486.0k NOK → +801 NOK (net margin 0.1% → 0.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 15.27m NOK → 15.24m NOK (-0.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 38.98m NOK → 31.03m NOK. Reported fact