AGIO FORVALTNING AS: årsregnskap 2015 vs 2014
Grew 22% on revenue, weaker earnings, cash halved-plus
approved 2016-06-30; registry 2016-08-24; journal 2016 848947
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AGIO FORVALTNING AS. Revenue 5.82m NOK → 7.09m NOK (+21.7%). Net result +172.6k NOK → +50.7k NOK. Equity 479.5k NOK → 330.2k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AGIO FORVALTNING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.82m NOK to 7.09m NOK (+21.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +216.3k NOK → +65.8k NOK (op. margin 3.7% → 0.9%). Calculated
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↓
Net result weakened
Net result +172.6k NOK → +50.7k NOK (net margin 3.0% → 0.7%). Calculated
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↓
Equity eroded
Book equity 479.5k NOK → 330.2k NOK (equity ratio 30.7% → 67.0%). Calculated
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↓
Cash fell
Bank deposits 432.2k NOK → 68.2k NOK (-84.2% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 3.45× → 0.93× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 4.26m NOK → 5.40m NOK (73% → 76% of revenue). Calculated