Org.nr 989 270 273 2014 → 2015 Year-over-year analysis

HESTNES-LANDE HOLDING AS: årsregnskap 2015 vs 2014

Shrank 29% on revenue

approved 2016-05-25; registry 2016-06-11; journal 2016 495194

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for HESTNES-LANDE HOLDING AS. Revenue 232.3k NOK → 164.7k NOK (-29.1%). Equity 539.9k NOK → 579.1k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for HESTNES-LANDE HOLDING AS.

Scorecard

Revenue
232.3k NOK 164.7k NOK
-29.1%
Operating result
+27.3k NOK +16.0k NOK
-41.4%
Net result
n/m -10.8k NOK
—
Equity
539.9k NOK 579.1k NOK
+7.3%
Cash
24.2k NOK 16.0k NOK
-34.1%
Total assets
2.90m NOK 1.09m NOK
-62.3%

What improved

  • ↑

    Equity strengthened

    Book equity 539.9k NOK → 579.1k NOK (equity ratio 18.6% → 53.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 232.3k NOK to 164.7k NOK (-29.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +27.3k NOK → +16.0k NOK (op. margin 11.7% → 9.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 24.2k NOK → 16.0k NOK (-34.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 598.7k NOK → 21.0k NOK. Reported fact