Org.nr 899 185 412 2014 → 2015 Year-over-year analysis

AEGER GROUP AS: årsregnskap 2015 vs 2014

Grew 23% on revenue

approved 2016-02-15; registry 2016-08-13; journal 2016 829536

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AEGER GROUP AS. Revenue 3.25m NOK → 3.98m NOK (+22.6%). Equity 54.3k NOK → -231.5k NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AEGER GROUP AS.

At a glance

Revenue

3.25m NOK 3.98m NOK

+22.6%

Operating result

+531.5k NOK n/m

—

Net result

+523.7k NOK n/m

—

Equity

54.3k NOK -231.5k NOK

-526.6%

Cash

650.3k NOK 796.9k NOK

+22.6%

Total assets

242.0k NOK 1.11m NOK

+359.2%

↑
Revenue rose

Operating income / revenue moved from 3.25m NOK to 3.98m NOK (+22.6% YoY). Calculated
↑
Cash rose

Bank deposits 650.3k NOK → 796.9k NOK (+22.6% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.00× → 2.28×. Calculated

↓
Equity eroded

Book equity 54.3k NOK → -231.5k NOK (equity ratio 22.4% → -20.8%). Calculated

·
Thin equity buffer

Equity ratio is -20.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Payroll increased

Salary cost 1.84m NOK → 2.60m NOK (57% → 65% of revenue). Calculated
·
COGS moved

COGS / varekostnad 822 NOK → 16.1k NOK (+1861.7% YoY). Calculated