FirmaIQ
Org.nr 998 680 700 2014 → 2015 Year-over-year analysis

AJ ELEKTRO AS: årsregnskap 2015 vs 2014

Shrank 13% on revenue, weaker earnings, cash halved-plus

approved 2016-02-24; registry 2016-04-02; journal 2016 345594

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AJ ELEKTRO AS. Revenue 3.89m NOK → 3.37m NOK (-13.4%). Net result +440.2k NOK → +111.9k NOK. Equity 351.2k NOK → 463.1k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AJ ELEKTRO AS.

At a glance

Scorecard

Revenue
3.89m NOK 3.37m NOK
-13.4%
Operating result
+598.0k NOK +154.2k NOK
-74.2%
Net result
+440.2k NOK +111.9k NOK
-74.6%
Equity
351.2k NOK 463.1k NOK
+31.9%
Cash
938.8k NOK 459.3k NOK
-51.1%
Total assets
1.36m NOK 972.5k NOK
-28.6%

What improved

  • ↑

    Equity strengthened

    Book equity 351.2k NOK → 463.1k NOK (equity ratio 25.8% → 47.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.89m NOK to 3.37m NOK (-13.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +598.0k NOK → +154.2k NOK (op. margin 15.4% → 4.6%). Calculated

  • ↓

    Net result weakened

    Net result +440.2k NOK → +111.9k NOK (net margin 11.3% → 3.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 938.8k NOK → 459.3k NOK (-51.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.53m NOK → 1.36m NOK (-11.2% YoY). Calculated