Org.nr 914 206 162 2014 → 2015 Year-over-year analysis

AE.TCOB AS: årsregnskap 2015 vs 2014

Another loss-making year

approved 2016-06-30; registry 2016-08-17; journal 2016 836639

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for AE.TCOB AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -15.8k NOK → -11.8k NOK. Equity 14.2k NOK → 2 418 NOK.

On the constructive side: net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AE.TCOB AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Net result
-15.8k NOK -11.8k NOK
+25.2%
Equity
14.2k NOK 2 418 NOK
-83.0%
Cash
30.0k NOK 30.0k NOK
+0.1%
Total assets
780.0k NOK 780.1k NOK
+0.0%

What improved

  • ↑

    Net result improved

    Net result -15.8k NOK → -11.8k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 14.2k NOK → 2 418 NOK (equity ratio 1.8% → 0.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 3 750 NOK → 750.0k NOK. Reported fact