Org.nr 886 582 412 2014 → 2015 Year-over-year analysis

AQUA BIO TECHNOLOGY ASA: årsregnskap 2015 vs 2014

Grew 73% on revenue, stronger earnings

approved 2016-04-27; registry 2016-08-11; journal 2016 817349

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for AQUA BIO TECHNOLOGY ASA. Revenue 22.46m NOK → 38.93m NOK (+73.3%). Net result +916.8k NOK → +17.45m NOK. Equity 75.31m NOK → 83.89m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AQUA BIO TECHNOLOGY ASA.

Scorecard

Revenue
22.46m NOK 38.93m NOK
+73.3%
Operating result
-544.6k NOK +15.42m NOK
+2932.1%
Net result
+916.8k NOK +17.45m NOK
+1803.2%
Equity
75.31m NOK 83.89m NOK
+11.4%
Cash
29.22m NOK 41.98m NOK
+43.7%
Total assets
91.69m NOK 103.71m NOK
+13.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 22.46m NOK to 38.93m NOK (+73.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -544.6k NOK → +15.42m NOK (op. margin -2.4% → 39.6%). Calculated

  • ↑

    Net result improved

    Net result +916.8k NOK → +17.45m NOK (net margin 4.1% → 44.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 75.31m NOK → 83.89m NOK (equity ratio 82.1% → 80.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 29.22m NOK → 41.98m NOK (+43.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 326.0k NOK → 326 NOK (-99.9% YoY). Calculated