AGERA FORVALTNING AS: årsregnskap 2015 vs 2014
Shrank 86% on revenue, stronger earnings, cash halved-plus
approved 2016-04-25; registry 2016-07-14; journal 2016 681684
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AGERA FORVALTNING AS. Revenue 3.33m NOK → 473.4k NOK (-85.8%). Net result +76.2k NOK → +115.1k NOK. Equity 24.6k NOK → 22.0k NOK.
On the constructive side: net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGERA FORVALTNING AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +76.2k NOK → +115.1k NOK (net margin 2.3% → 24.3%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.33m NOK to 473.4k NOK (-85.8% YoY). Calculated
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↓
Equity eroded
Book equity 24.6k NOK → 22.0k NOK (equity ratio 6.4% → 3.8%). Calculated
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↓
Cash fell
Bank deposits 27.6k NOK → 13.7k NOK (-50.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 2.75m NOK → 1.84m NOK (-33.0% YoY). Calculated