VEND MARKETPLACES ASA: årsregnskap 2015 vs 2014
Shrank 54% on revenue, returned to profit, cash halved-plus
approved 2016-05-11; registry 2016-06-15; journal 2016 508708
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for VEND MARKETPLACES ASA. Revenue 71.00m NOK → 33.00m NOK (-53.5%). Net result -127.00m NOK → +1.39bn NOK.
On the constructive side: operating result improved; turned profitable; owners injected capital. Pressures included: revenue fell; cash fell.
Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for VEND MARKETPLACES ASA.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -250.00m NOK → -229.00m NOK (op. margin -352.1% → -693.9%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 127.00m NOK to a profit of 1.39bn NOK. Calculated
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↑
Owners injected capital
Paid-in equity rose 1.55bn NOK → 4.25bn NOK (+2.69bn NOK). Reported fact
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↑
Payroll decreased
Salary cost 4.15m NOK → 3.12m NOK (6% → 9% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 71.00m NOK to 33.00m NOK (-53.5% YoY). Calculated
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↓
Cash fell
Bank deposits 164.00m NOK → 1.35m NOK (-99.2% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (164.00m NOK → 1.35m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 26.70m NOK → 26.57m NOK (-0.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 2.00m NOK → 25.46bn NOK. Reported fact