FirmaIQ
Org.nr 933 541 835 2014 → 2015 Year-over-year analysis

AJ PRODUKTER AS: årsregnskap 2015 vs 2014

Grew 35% on revenue, stronger earnings

approved 2016-02-17; registry 2016-06-25; journal 2016 568954

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AJ PRODUKTER AS. Revenue 141.93m NOK → 191.67m NOK (+35.0%). Net result +514.3k NOK → +664.7k NOK. Equity 5.72m NOK → 6.38m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

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

At a glance

Scorecard

Revenue
141.93m NOK 191.67m NOK
+35.0%
Operating result
+235.9k NOK +1.04m NOK
+338.8%
Net result
+514.3k NOK +664.7k NOK
+29.2%
Equity
5.72m NOK 6.38m NOK
+11.6%
Cash
10.23m NOK 12.46m NOK
+21.7%
Total assets
34.79m NOK 44.87m NOK
+29.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 141.93m NOK to 191.67m NOK (+35.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +235.9k NOK → +1.04m NOK (op. margin 0.2% → 0.5%). Calculated

  • ↑

    Net result improved

    Net result +514.3k NOK → +664.7k NOK (net margin 0.4% → 0.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 5.72m NOK → 6.38m NOK (equity ratio 16.4% → 14.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 10.23m NOK → 12.46m NOK (+21.7% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.13× → 0.89× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 126.59m NOK → 8.17bn NOK (+6356.1% YoY). Calculated