ADRIEN MANN AGENTURER AS: årsregnskap 2015 vs 2014
Shrank 12% on revenue, slipped into loss
approved 2016-06-30; registry 2016-07-27; journal 2016 758888
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADRIEN MANN AGENTURER AS. Revenue 2.01m NOK → 1.77m NOK (-11.9%). Net result +95.5k NOK → -484.3k NOK. Equity 198.9k NOK → -285.4k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADRIEN MANN AGENTURER AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +164.4k NOK → +423.5k NOK (op. margin 8.2% → 23.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.01m NOK to 1.77m NOK (-11.9% YoY). Calculated
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Fell into a net loss
Net result flipped from 95.5k NOK profit to a loss of 484.3k NOK. Calculated
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↓
Equity eroded
Book equity 198.9k NOK → -285.4k NOK (equity ratio 6.6% → -10.8%). Calculated
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Cash fell
Bank deposits 55.5k NOK → 52.0k NOK (-6.3% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.01× → 0.76× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is -10.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation