FirmaIQ
Org.nr 895 436 232 2014 → 2015 Year-over-year analysis

ATLANTIC SAPPHIRE ASA: årsregnskap 2015 vs 2014

Grew 2590% on revenue, cash halved-plus, fresh owner capital

approved 2016-06-30; registry 2016-07-26; journal 2016 743790

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ATLANTIC SAPPHIRE ASA. Revenue 40.1k NOK → 1.08m NOK (+2589.6%). Equity -4.85m NOK → 39.65m NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for ATLANTIC SAPPHIRE ASA.

At a glance

Scorecard

Revenue
40.1k NOK 1.08m NOK
+2589.6%
Net result
n/m -12.91m NOK
—
Equity
-4.85m NOK 39.65m NOK
+917.8%
Cash
307.9k NOK 7 791 NOK
-97.5%
Total assets
1.14m NOK 43.47m NOK
+3711.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 40.1k NOK to 1.08m NOK (+2589.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -4.85m NOK → 39.65m NOK (equity ratio -425.1% → 91.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.54× → 15.63×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 11.10m NOK → 55.98m NOK (+44.88m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 307.9k NOK → 7 791 NOK (-97.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 7 142 NOK → 5.10m NOK (18% → 473% of revenue). Calculated