AGILE EXECUTIVE SEARCH AS: årsregnskap 2015 vs 2014
Grew 15% on revenue, weaker earnings, cash halved-plus
approved 2016-05-23; registry 2016-08-02; journal 2016 789595
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AGILE EXECUTIVE SEARCH AS. Revenue 6.34m NOK → 7.30m NOK (+15.2%). Net result -319.6k NOK → -1.30m NOK. Equity 1.63m NOK → 419.0k NOK.
On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for AGILE EXECUTIVE SEARCH AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 6.34m NOK to 7.30m NOK (+15.2% YoY). Calculated
-
↑
Owners injected capital
Paid-in equity rose 184.8k NOK → 192.6k NOK (+7 800 NOK). Reported fact
What deteriorated
-
↓
Operating result weakened
Operating result -515.7k NOK → -2.04m NOK (op. margin -8.1% → -28.0%). Calculated
-
↓
Net result weakened
Net result -319.6k NOK → -1.30m NOK (net margin -5.0% → -17.8%). Calculated
-
↓
Equity eroded
Book equity 1.63m NOK → 419.0k NOK (equity ratio 47.1% → 13.7%). Calculated
-
↓
Cash fell
Bank deposits 696.2k NOK → 170.6k NOK (-75.5% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.63× → 0.84× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Payroll increased
Salary cost 4.92m NOK → 6.41m NOK (78% → 88% of revenue). Calculated
-
·
COGS fell
COGS / varekostnad 138.6k NOK → 37.2k NOK (-73.2% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 310.8k NOK → 150.8k NOK. Reported fact