ADOLF HORNELAND AS: årsregnskap 2015 vs 2014
Stronger earnings
approved 2016-02-02; registry 2016-02-18; journal 2016 307813
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADOLF HORNELAND AS. Revenue 637.8k NOK → 646.9k NOK (+1.4%). Net result +441.9k NOK → +2.37m NOK. Equity 4.96m NOK → 6.33m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for ADOLF HORNELAND AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 637.8k NOK to 646.9k NOK (+1.4% YoY). Calculated
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Operating result improved
Operating result +380.6k NOK → +413.7k NOK (op. margin 59.7% → 64.0%). Calculated
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Net result improved
Net result +441.9k NOK → +2.37m NOK (net margin 69.3% → 366.3%). Calculated
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Equity strengthened
Book equity 4.96m NOK → 6.33m NOK (equity ratio 80.3% → 85.2%). Calculated
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Cash rose
Bank deposits 473.7k NOK → 766.0k NOK (+61.7% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 619.6k NOK → 662.6k NOK (97% → 102% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 138.4k NOK → 3 000 NOK. Reported fact