ADFUNC AS: årsregnskap 2015 vs 2014
Shrank 92% on revenue, weaker earnings, cash halved-plus
approved 2016-06-30; registry 2016-07-23; journal 2016 722735
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADFUNC AS. Revenue 636.4k NOK → 54.0k NOK (-91.5%). Net result +626.9k NOK → +196.8k NOK. Equity 318.9k NOK → 2.52m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ADFUNC AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 318.9k NOK → 2.52m NOK (equity ratio 34.2% → 69.8%). Calculated
-
↑
Payroll decreased
Salary cost 2.34m NOK → -345.1k NOK (368% → -639% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 636.4k NOK to 54.0k NOK (-91.5% YoY). Calculated
-
↓
Net result weakened
Net result +626.9k NOK → +196.8k NOK (net margin 98.5% → 364.2%). Calculated
-
↓
Cash fell
Bank deposits 819.6k NOK → 297.8k NOK (-63.7% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 74.9k NOK → 47.4k NOK (-36.6% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 499.2k NOK → 3.19m NOK. Reported fact