Org.nr 977 037 093 2014 → 2015 Year-over-year analysis

TECHSTEP ASA: årsregnskap 2015 vs 2014

Shrank 100% on revenue, weaker earnings

approved 2016-04-28; registry 2016-07-16; journal 2016 695142

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for TECHSTEP ASA. Revenue 58.19m NOK → 0 NOK (-100.0%). Net result -2.99m NOK → -21.98m NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; net result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for TECHSTEP ASA.

At a glance

Revenue

58.19m NOK 0 NOK

-100.0%

Operating result

-13.95m NOK -7.34m NOK

+47.4%

Net result

-2.99m NOK -21.98m NOK

-635.4%

Equity

n/m 36.78m NOK

—

Cash

16.54m NOK 15.09m NOK

-8.8%

Total assets

73.64m NOK 37.93m NOK

-48.5%

↑
Operating result improved

Operating result -13.95m NOK → -7.34m NOK. Calculated

↓
Revenue fell

Operating income / revenue moved from 58.19m NOK to 0 NOK (-100.0% YoY). Calculated
↓
Net result weakened

Net result -2.99m NOK → -21.98m NOK. Calculated
↓
Cash fell

Bank deposits 16.54m NOK → 15.09m NOK (-8.8% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 4.73m NOK → 99.79m NOK. Calculated

·
Book investments changed

Investment / intangible book value 46.24m NOK → 0 NOK. Reported fact