FirmaIQ
Org.nr 988 130 885 2014 → 2015 Year-over-year analysis

AIVOG AS: årsregnskap 2015 vs 2014

Shrank 37% on revenue, weaker earnings, cash halved-plus

approved 2016-06-15; registry 2016-06-27; journal 2016 575917

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AIVOG AS. Revenue 447.5k NOK → 280.5k NOK (-37.3%). Net result +1.03m NOK → +381.0k NOK. Equity 10.72m NOK → 10.90m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AIVOG AS.

At a glance

Scorecard

Revenue
447.5k NOK 280.5k NOK
-37.3%
Operating result
+378.6k NOK +187.9k NOK
-50.4%
Net result
+1.03m NOK +381.0k NOK
-63.0%
Equity
10.72m NOK 10.90m NOK
+1.7%
Cash
5.57m NOK 1.99m NOK
-64.3%
Total assets
11.10m NOK 11.22m NOK
+1.1%

What improved

  • ↑

    Equity strengthened

    Book equity 10.72m NOK → 10.90m NOK (equity ratio 96.5% → 97.1%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 447.5k NOK to 280.5k NOK (-37.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +378.6k NOK → +187.9k NOK (op. margin 84.6% → 67.0%). Calculated

  • ↓

    Net result weakened

    Net result +1.03m NOK → +381.0k NOK (net margin 230.2% → 135.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.57m NOK → 1.99m NOK (-64.3% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (5.57m NOK → 1.99m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1000.0k NOK → 500.0k NOK. Reported fact