ADV FINANCE AS: årsregnskap 2015 vs 2014
Shrank 100% on revenue, stronger earnings
approved 2016-02-29; registry 2016-03-07; journal 2016 321612
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADV FINANCE AS. Revenue 781.8k NOK → 1 952 NOK (-99.8%). Net result 0 NOK → +63.9k NOK. Equity 107.7k NOK → 171.6k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ADV FINANCE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +14.4k NOK → +88.1k NOK (op. margin 1.8% → 4515.5%). Calculated
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↑
Net result improved
Net result 0 NOK → +63.9k NOK (net margin 0.0% → 3272.0%). Calculated
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↑
Equity strengthened
Book equity 107.7k NOK → 171.6k NOK (equity ratio 18.2% → 26.4%). Calculated
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↑
Cash rose
Bank deposits 102.1k NOK → 207.1k NOK (+102.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 781.8k NOK to 1 952 NOK (-99.8% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 184.6k NOK → 336.4k NOK (24% → 17231% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 582.7k NOK → 528.4k NOK (-9.3% YoY). Calculated