AH DRILLING CONSULTANCY AS: årsregnskap 2015 vs 2014
Shrank 27% on revenue, cash halved-plus
approved 2016-06-30; registry 2016-08-02; journal 2016 779119
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AH DRILLING CONSULTANCY AS. Revenue 3.78m NOK → 2.74m NOK (-27.5%). Equity 10.09m NOK → 7.42m NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AH DRILLING CONSULTANCY AS.
At a glance
Scorecard
Revenue
3.78m NOK
2.74m NOK
-27.5%
Equity
10.09m NOK
7.42m NOK
-26.4%
Cash
892.6k NOK
91.8k NOK
-89.7%
Total assets
15.19m NOK
12.36m NOK
-18.6%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.78m NOK to 2.74m NOK (-27.5% YoY). Calculated
-
↓
Equity eroded
Book equity 10.09m NOK → 7.42m NOK (equity ratio 66.4% → 60.0%). Calculated
-
↓
Cash fell
Bank deposits 892.6k NOK → 91.8k NOK (-89.7% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 10.81m NOK → 8.40m NOK. Reported fact