AKERSHUS REKLAME TEAM AS: årsregnskap 2015 vs 2014
Weaker earnings
approved 2016-07-29; registry 2016-08-31; journal 2016 883005
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AKERSHUS REKLAME TEAM AS. Revenue 22.44m NOK → 22.57m NOK (+0.6%). Net result -34.1k NOK → -467.5k NOK. Equity 343.0k NOK → -124.4k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AKERSHUS REKLAME TEAM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 22.44m NOK to 22.57m NOK (+0.6% YoY). Calculated
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↑
Operating result improved
Operating result +400.6k NOK → +596.6k NOK (op. margin 1.8% → 2.6%). Calculated
What deteriorated
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↓
Net result weakened
Net result -34.1k NOK → -467.5k NOK (net margin -0.2% → -2.1%). Calculated
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↓
Equity eroded
Book equity 343.0k NOK → -124.4k NOK (equity ratio 5.1% → -1.7%). Calculated
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↓
Cash fell
Bank deposits 331.8k NOK → 214.7k NOK (-35.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 9.06m NOK → 9.62m NOK (40% → 43% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 8.51m NOK → 8.76m NOK (+2.9% YoY). Calculated