AJ OFFSHORE AS: årsregnskap 2015 vs 2014
Shrank 28% on revenue, weaker earnings
approved 2016-02-20; registry 2016-02-24; journal 2016 311436
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AJ OFFSHORE AS. Revenue 2.61m NOK → 1.88m NOK (-28.0%). Net result +949.1k NOK → +571.1k NOK. Equity 2.40m NOK → 2.47m NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result +302.2k NOK → +782.5k NOK (op. margin 11.6% → 41.6%). Calculated
-
↑
Equity strengthened
Book equity 2.40m NOK → 2.47m NOK (equity ratio 75.2% → 81.2%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.61m NOK to 1.88m NOK (-28.0% YoY). Calculated
-
↓
Net result weakened
Net result +949.1k NOK → +571.1k NOK (net margin 36.3% → 30.3%). Calculated
-
↓
Cash fell
Bank deposits 2.69m NOK → 2.18m NOK (-18.8% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.02m NOK → 3.78m NOK (39% → 201% of revenue). Calculated