AKERSHUS AUTO BILVERKSTED AS: årsregnskap 2015 vs 2014
Returned to profit, cash halved-plus
approved 2016-07-22; registry 2016-08-20; journal 2016 845651
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AKERSHUS AUTO BILVERKSTED AS. Revenue 2.40m NOK → 2.44m NOK (+1.8%). Net result -868.8k NOK → +246.1k NOK. Equity -679.3k NOK → -433.1k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKERSHUS AUTO BILVERKSTED AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.40m NOK to 2.44m NOK (+1.8% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 868.8k NOK to a profit of 246.1k NOK. Calculated
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↑
Equity strengthened
Book equity -679.3k NOK → -433.1k NOK (equity ratio -127.3% → -86.6%). Calculated
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↑
Payroll decreased
Salary cost 414.2k NOK → 136.4k NOK (17% → 6% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 18.0k NOK → 2 025 NOK (-88.8% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.12m NOK → 1.54m NOK (-27.5% YoY). Calculated