ADVANCE BUSINESS PARTNER AS: årsregnskap 2015 vs 2014
Shrank 25% on revenue, stronger earnings
approved 2016-04-26; registry 2016-05-12; journal 2016 424949
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ADVANCE BUSINESS PARTNER AS. Revenue 16.99m NOK → 12.80m NOK (-24.7%). Net result +13.6k NOK → +25.6k NOK. Equity 151.7k NOK → 177.4k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +552 NOK → +31.3k NOK (op. margin 0.0% → 0.2%). Calculated
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↑
Net result improved
Net result +13.6k NOK → +25.6k NOK (net margin 0.1% → 0.2%). Calculated
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↑
Equity strengthened
Book equity 151.7k NOK → 177.4k NOK (equity ratio 4.6% → 7.9%). Calculated
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↑
Cash rose
Bank deposits 137.6k NOK → 531.8k NOK (+286.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 2.21bn NOK → 71.5k NOK (12975% → 1% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 16.99m NOK to 12.80m NOK (-24.7% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.04× → 0.26× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated