AE FROGNER AS: årsregnskap 2015 vs 2014
Shrank 65% on revenue, returned to profit, cash halved-plus
approved 2016-04-20; registry 2016-06-29; journal 2016 599329
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AE FROGNER AS. Revenue 307.9k NOK → 108.8k NOK (-64.7%). Net result -48.7k NOK → +48.7k NOK. Equity 834.4k NOK → 785.7k NOK.
On the constructive side: turned profitable. Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Turned profitable
Net result flipped from a loss of 48.7k NOK to a profit of 48.7k NOK. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 307.9k NOK to 108.8k NOK (-64.7% YoY). Calculated
-
↓
Equity eroded
Book equity 834.4k NOK → 785.7k NOK (equity ratio 24.2% → 54.4%). Calculated
-
↓
Cash fell
Bank deposits 777.2k NOK → 380.7k NOK (-51.0% YoY). Calculated