Org.nr 985 267 308 2014 → 2015 Year-over-year analysis

ADVANCED THINKERS ENGINEERING AS: årsregnskap 2015 vs 2014

Shrank 100% on revenue

approved 2016-12-21; registry 2017-01-09; journal 2017 200629

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADVANCED THINKERS ENGINEERING AS. Revenue 629.8k NOK → 1 733 NOK (-99.7%). Equity -3.81m NOK → -4.27m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ADVANCED THINKERS ENGINEERING AS.

At a glance

Revenue

629.8k NOK 1 733 NOK

-99.7%

Operating result

n/m -2 379 NOK

—

Net result

n/m -465.5k NOK

—

Equity

-3.81m NOK -4.27m NOK

-12.2%

Cash

62.8k NOK 88.5k NOK

+40.9%

Total assets

4.53m NOK 4.88m NOK

+7.8%

↓
Revenue fell

Operating income / revenue moved from 629.8k NOK to 1 733 NOK (-99.7% YoY). Calculated
↓
Equity eroded

Book equity -3.81m NOK → -4.27m NOK (equity ratio -84.1% → -87.5%). Calculated

·
Thin equity buffer

Equity ratio is -87.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation