FirmaIQ
Org.nr 980 119 548 2014 → 2015 Year-over-year analysis

ADDEND AS: årsregnskap 2015 vs 2014

Weaker earnings, cash halved-plus

approved 2016-05-30; registry 2016-07-07; journal 2016 639580

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADDEND AS. Revenue 352.5k NOK → 343.3k NOK (-2.6%). Net result +297.5k NOK → +2 596 NOK. Equity 2.42m NOK → 2.42m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
352.5k NOK 343.3k NOK
-2.6%
Operating result
+34.3k NOK +33.8k NOK
-1.4%
Net result
+297.5k NOK +2 596 NOK
-99.1%
Equity
2.42m NOK 2.42m NOK
+0.1%
Cash
154.3k NOK 38.5k NOK
-75.0%
Total assets
3.33m NOK 3.22m NOK
-3.3%

What improved

  • ↑

    Equity strengthened

    Book equity 2.42m NOK → 2.42m NOK (equity ratio 72.8% → 75.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 352.5k NOK to 343.3k NOK (-2.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +34.3k NOK → +33.8k NOK (op. margin 9.7% → 9.9%). Calculated

  • ↓

    Net result weakened

    Net result +297.5k NOK → +2 596 NOK (net margin 84.4% → 0.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 154.3k NOK → 38.5k NOK (-75.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 397.8k NOK → 2.40m NOK. Reported fact