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Org.nr 983 361 161 2014 → 2015 Year-over-year analysis

ADVANCED MACHINE COMPANY AS: årsregnskap 2015 vs 2014

Shrank 9% on revenue, weaker earnings

approved 2016-04-18; registry 2016-04-28; journal 2016 394462

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADVANCED MACHINE COMPANY AS. Revenue 14.47m NOK → 13.23m NOK (-8.6%). Net result +1.24m NOK → +361.9k NOK. Equity 4.22m NOK → 3.33m NOK.

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

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

At a glance

Scorecard

Revenue
14.47m NOK 13.23m NOK
-8.6%
Operating result
+1.78m NOK +470.4k NOK
-73.6%
Net result
+1.24m NOK +361.9k NOK
-70.7%
Equity
4.22m NOK 3.33m NOK
-21.0%
Cash
2.13m NOK 4.22m NOK
+98.1%
Total assets
6.78m NOK 7.59m NOK
+12.0%

What improved

  • ↑

    Cash rose

    Bank deposits 2.13m NOK → 4.22m NOK (+98.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 7.41m NOK → 6.75m NOK (51% → 51% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 14.47m NOK to 13.23m NOK (-8.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.78m NOK → +470.4k NOK (op. margin 12.3% → 3.6%). Calculated

  • ↓

    Net result weakened

    Net result +1.24m NOK → +361.9k NOK (net margin 8.5% → 2.7%). Calculated

  • ↓

    Equity eroded

    Book equity 4.22m NOK → 3.33m NOK (equity ratio 62.3% → 43.9%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 6.92m NOK → 3.58m NOK (-48.2% YoY). Calculated