Org.nr 911 578 417 2014 → 2015 Year-over-year analysis

AGVIK AS: årsregnskap 2015 vs 2014

Shrank 99% on revenue, slipped into loss

approved 2016-05-31; registry 2016-06-13; journal 2016 508628

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for AGVIK AS. Revenue 6.52m NOK → 71.6k NOK (-98.9%). Net result +921.8k NOK → -202.1k NOK. Equity 557.9k NOK → 12.23m NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; fell into a net loss; cogs moved.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for AGVIK AS.

Scorecard

Revenue
6.52m NOK 71.6k NOK
-98.9%
Operating result
+922.3k NOK n/m
—
Net result
+921.8k NOK -202.1k NOK
-121.9%
Equity
557.9k NOK 12.23m NOK
+2091.3%
Cash
190.5k NOK 691.3k NOK
+262.8%
Total assets
1.25m NOK n/m
—

What improved

  • ↑

    Equity strengthened

    Book equity 557.9k NOK → 12.23m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 190.5k NOK → 691.3k NOK (+262.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.33× → 1.44×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.52m NOK to 71.6k NOK (-98.9% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 921.8k NOK profit to a loss of 202.1k NOK. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 187.7k NOK → 441.7k NOK (+135.3% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 951.8k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation