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Org.nr 988 753 831 2014 → 2015 Year-over-year analysis

AJ FISK AS: årsregnskap 2015 vs 2014

Grew 23% on revenue, stronger earnings

approved 2016-03-14; registry 2016-04-11; journal 2016 360164

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AJ FISK AS. Revenue 2.01m NOK → 2.47m NOK (+22.8%). Net result +126.3k NOK → +359.0k NOK. Equity 685.7k NOK → 44.7k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AJ FISK AS.

At a glance

Scorecard

Revenue
2.01m NOK 2.47m NOK
+22.8%
Operating result
+231.2k NOK +529.4k NOK
+129.0%
Net result
+126.3k NOK +359.0k NOK
+184.3%
Equity
685.7k NOK 44.7k NOK
-93.5%
Cash
199.0k NOK 441.6k NOK
+121.9%
Total assets
2.43m NOK 2.59m NOK
+6.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.01m NOK to 2.47m NOK (+22.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +231.2k NOK → +529.4k NOK (op. margin 11.5% → 21.5%). Calculated

  • ↑

    Net result improved

    Net result +126.3k NOK → +359.0k NOK (net margin 6.3% → 14.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 199.0k NOK → 441.6k NOK (+121.9% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.44× → 1.15×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 685.7k NOK → 44.7k NOK (equity ratio 28.2% → 1.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation