AGS BATTERISERVICE AS: årsregnskap 2015 vs 2014
Grew 7% on revenue, stronger earnings
approved 2016-08-23; registry 2016-09-12; journal 2016 935915
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AGS BATTERISERVICE AS. Revenue 4.89m NOK → 5.22m NOK (+6.7%). Net result +44.6k NOK → +442.3k NOK. Equity 585.9k NOK → 28.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AGS BATTERISERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 4.89m NOK to 5.22m NOK (+6.7% YoY). Calculated
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Operating result improved
Operating result +60.0k NOK → +623.2k NOK (op. margin 1.2% → 11.9%). Calculated
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Net result improved
Net result +44.6k NOK → +442.3k NOK (net margin 0.9% → 8.5%). Calculated
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Payroll decreased
Salary cost 6.82m NOK → 6.32m NOK (139% → 121% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 585.9k NOK → 28.2k NOK (equity ratio 20.0% → 0.8%). Calculated
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↓
Cash fell
Bank deposits 797.3k NOK → 787.6k NOK (-1.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 3.35m NOK → 3.46m NOK (+3.3% YoY). Calculated