Org.nr 988 440 655 2014 → 2015 Year-over-year analysis

AVECTOR AS: årsregnskap 2015 vs 2014

Slipped into loss, cash halved-plus

approved 2016-06-17; registry 2016-06-28; journal 2016 585614

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AVECTOR AS. Net result +159.9k NOK → -42.0k NOK. Equity 8.99m NOK → 8.95m NOK.

Pressures included: fell into a net loss; equity eroded; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AVECTOR AS.

At a glance

Net result

+159.9k NOK -42.0k NOK

-126.2%

Equity

8.99m NOK 8.95m NOK

-0.5%

Cash

4.05m NOK 1.08m NOK

-73.2%

Total assets

9.04m NOK 8.97m NOK

-0.7%

↓
Fell into a net loss

Net result flipped from 159.9k NOK profit to a loss of 42.0k NOK. Calculated
↓
Equity eroded

Book equity 8.99m NOK → 8.95m NOK (equity ratio 99.5% → 99.8%). Calculated
↓
Cash fell

Bank deposits 4.05m NOK → 1.08m NOK (-73.2% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (4.05m NOK → 1.08m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 0 NOK → 2 200 NOK. Reported fact