Org.nr 912 284 956 2014 → 2015 Year-over-year analysis

AJK AS: årsregnskap 2015 vs 2014

Shrank 88% on revenue, cash halved-plus

approved 2016-05-03; registry 2016-05-21; journal 2016 433225

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AJK AS. Revenue 900.5k NOK → 109.5k NOK (-87.8%). Equity 15.92m NOK → 14.16m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AJK AS.

At a glance

Revenue

900.5k NOK 109.5k NOK

-87.8%

Operating result

-355.5k NOK n/m

—

Net result

n/m +734.7k NOK

—

Equity

15.92m NOK 14.16m NOK

-11.1%

Cash

1.31m NOK 441.2k NOK

-66.2%

Total assets

17.90m NOK 14.56m NOK

-18.6%

↓
Revenue fell

Operating income / revenue moved from 900.5k NOK to 109.5k NOK (-87.8% YoY). Calculated
↓
Equity eroded

Book equity 15.92m NOK → 14.16m NOK (equity ratio 89.0% → 97.2%). Calculated
↓
Cash fell

Bank deposits 1.31m NOK → 441.2k NOK (-66.2% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (1.31m NOK → 441.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 3.38m NOK → 2.09m NOK. Reported fact