Org.nr 968 326 414 2014 → 2015 Year-over-year analysis

ADOLPH TIDEMANDSGT 20/22 AS: årsregnskap 2015 vs 2014

Shrank 21% on revenue, cash halved-plus

approved 2016-05-11; registry 2016-06-11; journal 2016 494072

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADOLPH TIDEMANDSGT 20/22 AS. Revenue 4.63m NOK → 3.65m NOK (-21.1%). Equity 11.08m NOK → 13.04m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ADOLPH TIDEMANDSGT 20/22 AS.

At a glance

Revenue

4.63m NOK 3.65m NOK

-21.1%

Operating result

+3.69m NOK +2.50m NOK

-32.3%

Net result

+2.31m NOK n/m

—

Equity

11.08m NOK 13.04m NOK

+17.7%

Cash

953.8k NOK 219.8k NOK

-77.0%

Total assets

36.40m NOK 26.17m NOK

-28.1%

↑
Equity strengthened

Book equity 11.08m NOK → 13.04m NOK (equity ratio 30.4% → 49.8%). Calculated

↓
Revenue fell

Operating income / revenue moved from 4.63m NOK to 3.65m NOK (-21.1% YoY). Calculated
↓
Operating result weakened

Operating result +3.69m NOK → +2.50m NOK (op. margin 79.8% → 68.5%). Calculated
↓
Cash fell

Bank deposits 953.8k NOK → 219.8k NOK (-77.0% YoY). Calculated

·
Book investments changed

Investment / intangible book value 692.0k NOK → 868.3k NOK. Reported fact