Org.nr 994 428 152 2014 → 2015 Year-over-year analysis

AKEO AS: årsregnskap 2015 vs 2014

Grew 150% on revenue, stronger earnings

approved 2016-03-21; registry 2016-03-29; journal 2016 342368

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for AKEO AS. Revenue 1.42m NOK → 3.54m NOK (+150.2%). Net result +189.4k NOK → +399.0k NOK. Equity 375.3k NOK → 774.4k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKEO AS.

Scorecard

Revenue
1.42m NOK 3.54m NOK
+150.2%
Operating result
+264.1k NOK +551.2k NOK
+108.7%
Net result
+189.4k NOK +399.0k NOK
+110.7%
Equity
375.3k NOK 774.4k NOK
+106.3%
Cash
428.5k NOK 487.5k NOK
+13.8%
Total assets
545.2k NOK 302.3k NOK
-44.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.42m NOK to 3.54m NOK (+150.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +264.1k NOK → +551.2k NOK (op. margin 18.7% → 15.6%). Calculated

  • ↑

    Net result improved

    Net result +189.4k NOK → +399.0k NOK (net margin 13.4% → 11.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 375.3k NOK → 774.4k NOK (equity ratio 68.8% → 256.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 428.5k NOK → 487.5k NOK (+13.8% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 5.82× → 0.21× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 823.5k NOK → 472.7k NOK (-42.6% YoY). Calculated