FirmaIQ
Org.nr 998 020 964 2014 → 2015 Year-over-year analysis

AK NORGE WIC AS: årsregnskap 2015 vs 2014

Grew 9% on revenue, weaker earnings

approved 2016-06-28; registry 2016-07-28; journal 2016 759408

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AK NORGE WIC AS. Revenue 39.84m NOK → 43.37m NOK (+8.8%). Net result +7.94m NOK → +2.36m NOK. Equity 30.21m NOK → 32.57m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AK NORGE WIC AS.

At a glance

Scorecard

Revenue
39.84m NOK 43.37m NOK
+8.8%
Net result
+7.94m NOK +2.36m NOK
-70.3%
Equity
30.21m NOK 32.57m NOK
+7.8%
Cash
1.70m NOK 3.99m NOK
+134.1%
Total assets
43.42m NOK 41.07m NOK
-5.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 39.84m NOK to 43.37m NOK (+8.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 30.21m NOK → 32.57m NOK (equity ratio 69.6% → 79.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.70m NOK → 3.99m NOK (+134.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.36× → 1.50×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +7.94m NOK → +2.36m NOK (net margin 19.9% → 5.4%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 10.72m NOK → 11.97m NOK (+11.6% YoY). Calculated