FirmaIQ
Org.nr 996 819 884 2014 → 2015 Year-over-year analysis

SOILTECH ASA: årsregnskap 2015 vs 2014

Grew 46% on revenue, stronger earnings

approved 2016-03-03; registry 2016-05-28; journal 2016 449578

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for SOILTECH ASA. Revenue 41.16m NOK → 60.20m NOK (+46.2%). Net result +8.45m NOK → +12.11m NOK. Equity 50.00m NOK → 62.11m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for SOILTECH ASA.

At a glance

Scorecard

Revenue
41.16m NOK 60.20m NOK
+46.2%
Operating result
+7.38m NOK +15.56m NOK
+110.8%
Net result
+8.45m NOK +12.11m NOK
+43.3%
Equity
50.00m NOK 62.11m NOK
+24.2%
Cash
36.89m NOK 48.19m NOK
+30.6%
Total assets
67.71m NOK 78.67m NOK
+16.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 41.16m NOK to 60.20m NOK (+46.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +7.38m NOK → +15.56m NOK (op. margin 17.9% → 25.8%). Calculated

  • ↑

    Net result improved

    Net result +8.45m NOK → +12.11m NOK (net margin 20.5% → 20.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 50.00m NOK → 62.11m NOK (equity ratio 73.8% → 79.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 36.89m NOK → 48.19m NOK (+30.6% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 7.90m NOK → 10.65m NOK (19% → 18% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 18.84m NOK → 22.75m NOK (+20.8% YoY). Calculated