Org.nr 992 718 196 2014 → 2015 Year-over-year analysis

NORBIT ASA: årsregnskap 2015 vs 2014

Grew 45% on revenue, weaker earnings

approved 2016-04-28; registry 2016-06-01; journal 2016 455401

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for NORBIT ASA. Revenue 9.43m NOK → 13.65m NOK (+44.8%). Net result +918.7k NOK → +702.7k NOK. Equity 39.08m NOK → 65.21m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for NORBIT ASA.

Scorecard

Revenue
9.43m NOK 13.65m NOK
+44.8%
Operating result
n/m -1.76m NOK
—
Net result
+918.7k NOK +702.7k NOK
-23.5%
Equity
39.08m NOK 65.21m NOK
+66.9%
Cash
351.4k NOK 364.7k NOK
+3.8%
Total assets
145.30m NOK 221.37m NOK
+52.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9.43m NOK to 13.65m NOK (+44.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 39.08m NOK → 65.21m NOK (equity ratio 26.9% → 29.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 351.4k NOK → 364.7k NOK (+3.8% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +918.7k NOK → +702.7k NOK (net margin 9.7% → 5.1%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 19.8k NOK → 49.6k NOK (+151.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 100.0k NOK → 153.50m NOK. Reported fact