ADMINOR AS: årsregnskap 2015 vs 2014
Grew 19% on revenue, stronger earnings
approved 2016-01-29; registry 2016-02-13; journal 2016 306151
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADMINOR AS. Revenue 4.27m NOK → 5.09m NOK (+19.3%). Net result +690.7k NOK → +988.3k NOK. Equity 1.09m NOK → 688.3k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ADMINOR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.27m NOK to 5.09m NOK (+19.3% YoY). Calculated
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↑
Net result improved
Net result +690.7k NOK → +988.3k NOK (net margin 16.2% → 19.4%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 1.09m NOK → 688.3k NOK (equity ratio 42.1% → 36.6%). Calculated
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↓
Cash fell
Bank deposits 2.14m NOK → 1.30m NOK (-39.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.73m NOK → 3.13m NOK (64% → 62% of revenue). Calculated