AE RØRSERVICE AS: årsregnskap 2015 vs 2014
Shrank 56% on revenue
approved 2016-06-30; registry 2016-07-14; journal 2016 690272
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AE RØRSERVICE AS. Revenue 777.7k NOK → 343.5k NOK (-55.8%). Equity -49.6k NOK → -351.8k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AE RØRSERVICE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 901 NOK → 41.5k NOK (+4501.9% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 777.7k NOK to 343.5k NOK (-55.8% YoY). Calculated
-
↓
Equity eroded
Book equity -49.6k NOK → -351.8k NOK (equity ratio -6.0% → -48.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -48.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 307.4k NOK → 98.3k NOK (-68.0% YoY). Calculated