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Org.nr 994 080 407 2014 → 2015 Year-over-year analysis

ADRETT AS: årsregnskap 2015 vs 2014

Shrank 17% on revenue, stronger earnings

approved 2016-05-04; registry 2016-05-24; journal 2016 437273

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADRETT AS. Revenue 6.34m NOK → 5.26m NOK (-17.2%). Net result +219.0k NOK → +625.7k NOK. Equity 654.7k NOK → 655.4k NOK.

On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADRETT AS.

At a glance

Scorecard

Revenue
6.34m NOK 5.26m NOK
-17.2%
Operating result
+483.5k NOK +889.3k NOK
+83.9%
Net result
+219.0k NOK +625.7k NOK
+185.7%
Equity
654.7k NOK 655.4k NOK
+0.1%
Cash
1.66m NOK 1.59m NOK
-3.8%
Total assets
2.35m NOK 2.21m NOK
-6.2%

What improved

  • ↑

    Operating result improved

    Operating result +483.5k NOK → +889.3k NOK (op. margin 7.6% → 16.9%). Calculated

  • ↑

    Net result improved

    Net result +219.0k NOK → +625.7k NOK (net margin 3.5% → 11.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.23m NOK → 1.98m NOK (35% → 38% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.34m NOK to 5.26m NOK (-17.2% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 1.66m NOK → 1.59m NOK (-3.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.31m NOK → 1.54m NOK (-33.3% YoY). Calculated