Org.nr 991 711 392 2014 → 2015 Year-over-year analysis

4SUBSEA AS: årsregnskap 2015 vs 2014

Mixed movements in the accounts

approved 2016-05-25; registry 2016-07-11; journal 2016 660037

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for 4SUBSEA AS. Revenue 127.85m NOK → 129.00m NOK (+0.9%). Equity 30.46m NOK → 36.54m NOK.

On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell.

Also worth watching: paid-in equity reduced; cogs moved; book investments changed. All figures are taken from the published annual accounts for 4SUBSEA AS.

Scorecard

Revenue
127.85m NOK 129.00m NOK
+0.9%
Equity
30.46m NOK 36.54m NOK
+20.0%
Cash
18.86m NOK 17.84m NOK
-5.4%
Total assets
62.66m NOK 71.58m NOK
+14.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 127.85m NOK to 129.00m NOK (+0.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 30.46m NOK → 36.54m NOK (equity ratio 48.6% → 51.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 63.13m NOK → 6 NOK (49% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 18.86m NOK → 17.84m NOK (-5.4% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 3.75m NOK → 3 774 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 31.22m NOK → 37.71m NOK (+20.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 300.0k NOK → 14.61m NOK. Reported fact