FirmaIQ
Org.nr 997 992 245 2014 → 2015 Year-over-year analysis

ADMIRATION AS: årsregnskap 2015 vs 2014

Shrank 32% on revenue, slipped into loss, cash halved-plus

approved 2016-05-10; registry 2016-05-21; journal 2016 434817

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADMIRATION AS. Revenue 737.1k NOK → 500.7k NOK (-32.1%). Net result +112.4k NOK → -75.4k NOK. Equity 30.0k NOK → 30.0k NOK.

Pressures included: revenue fell; fell into a net loss; cash fell.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
737.1k NOK 500.7k NOK
-32.1%
Operating result
n/m -69.1k NOK
—
Net result
+112.4k NOK -75.4k NOK
-167.1%
Equity
30.0k NOK 30.0k NOK
0.0%
Cash
140.2k NOK 16.2k NOK
-88.4%
Total assets
332.7k NOK 232.4k NOK
-30.1%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 737.1k NOK to 500.7k NOK (-32.1% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 112.4k NOK profit to a loss of 75.4k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 140.2k NOK → 16.2k NOK (-88.4% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 324.3k NOK → 331.7k NOK (44% → 66% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 0 NOK → 17.3k NOK (None YoY). Calculated