Org.nr 914 246 997 2014 → 2015 Year-over-year analysis

AJA VIN AS: årsregnskap 2015 vs 2014

Grew 165% on revenue, fresh owner capital

approved 2016-06-10; registry 2016-07-30; journal 2016 763858

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for AJA VIN AS. Revenue 574 NOK → 1 519 NOK (+164.6%). Equity -251.2k NOK → -5.09m NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.

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

Scorecard

Revenue
574 NOK 1 519 NOK
+164.6%
Operating result
-385.4k NOK n/m
—
Equity
-251.2k NOK -5.09m NOK
-1925.6%
Cash
41.1k NOK 132.3k NOK
+221.7%
Total assets
473.1k NOK 338.8k NOK
-28.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 574 NOK to 1 519 NOK (+164.6% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 41.1k NOK → 132.3k NOK (+221.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 1.00× → 1.56×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 30.0k NOK → 64.0k NOK (+34.0k NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity -251.2k NOK → -5.09m NOK (equity ratio -53.1% → -1502.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1502.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation