AH UTVIKLING AS: årsregnskap 2015 vs 2014
Shrank 7% on revenue, returned to profit, cash halved-plus
approved 2016-05-06; registry 2016-05-14; journal 2016 427658
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AH UTVIKLING AS. Revenue 329.2k NOK → 305.5k NOK (-7.2%). Net result -27.4k NOK → +3 018 NOK. Equity -283.8k NOK → -280.8k NOK.
On the constructive side: turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AH UTVIKLING AS.
At a glance
Scorecard
What improved
-
↑
Turned profitable
Net result flipped from a loss of 27.4k NOK to a profit of 3 018 NOK. Calculated
-
↑
Equity strengthened
Book equity -283.8k NOK → -280.8k NOK (equity ratio -11.4% → -13.5%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 329.2k NOK to 305.5k NOK (-7.2% YoY). Calculated
-
↓
Cash fell
Bank deposits 232.6k NOK → 15.7k NOK (-93.2% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 136.36× → 0.08× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -13.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation