FirmaIQ
Org.nr 893 011 242 2014 → 2015 Year-over-year analysis

ADVANTEK ENGINEERING AS: årsregnskap 2015 vs 2014

A steady year on the published lines

approved 2016-04-04; registry 2016-04-23; journal 2016 386082

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ADVANTEK ENGINEERING AS. Revenue 21.82m NOK → 21.12m NOK (-3.2%). Net result +2 429 NOK → +2 843 NOK. Equity 108.3k NOK → 106.7k NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded; cogs moved.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
21.82m NOK 21.12m NOK
-3.2%
Net result
+2 429 NOK +2 843 NOK
+17.0%
Equity
108.3k NOK 106.7k NOK
-1.5%
Cash
1.98m NOK 3.22m NOK
+62.6%
Total assets
9.09m NOK 7.38m NOK
-18.8%

What improved

  • ↑

    Cash rose

    Bank deposits 1.98m NOK → 3.22m NOK (+62.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 17.50m NOK → 16.39m NOK (80% → 78% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 21.82m NOK to 21.12m NOK (-3.2% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 108.3k NOK → 106.7k NOK (equity ratio 1.2% → 1.4%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 30.7k NOK → 124.7k NOK (+306.5% YoY). Calculated