FirmaIQ
Org.nr 938 702 675 2014 → 2015 Year-over-year analysis

AF GRUPPEN ASA: årsregnskap 2015 vs 2014

Shrank 100% on revenue, stronger earnings, fresh owner capital

approved 2016-04-07; registry 2016-06-30; journal 2016 607176

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AF GRUPPEN ASA. Revenue 388.00m NOK → 479.0k NOK (-99.9%). Net result +442.0k NOK → +697.00m NOK. Equity 290.0k NOK → 351.0k NOK.

On the constructive side: net result improved; equity strengthened; owners injected capital. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AF GRUPPEN ASA.

At a glance

Scorecard

Revenue
388.00m NOK 479.0k NOK
-99.9%
Net result
+442.0k NOK +697.00m NOK
+157592.3%
Equity
290.0k NOK 351.0k NOK
+21.0%
Cash
0 NOK 0 NOK
0.0%
Total assets
65.00m NOK 1.16bn NOK
+1681.5%

What improved

  • ↑

    Net result improved

    Net result +442.0k NOK → +697.00m NOK (net margin 0.1% → 145511.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 290.0k NOK → 351.0k NOK (equity ratio 0.4% → 0.0%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 42.00m NOK → 54.00m NOK (+12.00m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 388.00m NOK to 479.0k NOK (-99.9% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.24bn NOK → 2.54bn NOK (577% → 529228% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation