AF CONSULT MANAGEMENT AS: årsregnskap 2015 vs 2014
Grew 21% on revenue, slipped into loss, cash halved-plus
approved 2016-06-25; registry 2016-07-11; journal 2016 658855
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AF CONSULT MANAGEMENT AS. Revenue 79.4k NOK → 96.2k NOK (+21.2%). Net result +324.7k NOK → -137.83bn NOK. Equity 6.35m NOK → 6.22m NOK.
On the constructive side: revenue rose; payroll decreased. Pressures included: fell into a net loss; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for AF CONSULT MANAGEMENT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 79.4k NOK to 96.2k NOK (+21.2% YoY). Calculated
-
↑
Payroll decreased
Salary cost 23.5k NOK → 4 455 NOK (30% → 5% of revenue). Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 324.7k NOK profit to a loss of 137.83bn NOK. Calculated
-
↓
Equity eroded
Book equity 6.35m NOK → 6.22m NOK (equity ratio 93.6% → 99.9%). Calculated
-
↓
Cash fell
Bank deposits 2.76m NOK → 175.0k NOK (-93.7% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.76m NOK → 175.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
COGS fell
COGS / varekostnad 262.8k NOK → 150.0k NOK (-42.9% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 6.62m NOK → 4.02m NOK. Reported fact