ARENDALS FOSSEKOMPANI ASA: årsregnskap 2015 vs 2014
Shrank 23% on revenue
approved 2016-05-19; registry 2016-06-18; journal 2016 521285
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ARENDALS FOSSEKOMPANI ASA. Revenue 138.12m NOK → 106.88m NOK (-22.6%). Net result +224.91m NOK → +191.54m NOK. Equity 2.03bn NOK → 2.31bn NOK.
On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ARENDALS FOSSEKOMPANI ASA.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 2.03bn NOK → 2.31bn NOK (equity ratio 47.7% → 49.7%). Calculated
-
↑
Cash rose
Bank deposits 25.40m NOK → 79.38m NOK (+212.6% YoY). Calculated
-
↑
Payroll decreased
Salary cost 26.89m NOK → 23.59m NOK (19% → 22% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 138.12m NOK to 106.88m NOK (-22.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +70.30m NOK → +43.56m NOK (op. margin 50.9% → 40.8%). Calculated
-
↓
Net result weakened
Net result +224.91m NOK → +191.54m NOK (net margin 162.8% → 179.2%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 6.45m NOK → 5.73m NOK (-11.2% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 1.95bn NOK → 2.10bn NOK. Reported fact