FirmaIQ
Org.nr 931 693 670 2014 → 2015 Year-over-year analysis

AKVA GROUP ASA: årsregnskap 2015 vs 2014

Cash halved-plus

approved 2016-05-10; registry 2016-09-08; journal 2016 916417

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AKVA GROUP ASA. Revenue 704.99m NOK → 671.75m NOK (-4.7%). Net result +55.08m NOK → +56.83m NOK. Equity 409.69m NOK → 416.1k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for AKVA GROUP ASA.

At a glance

Scorecard

Revenue
704.99m NOK 671.75m NOK
-4.7%
Operating result
+35.77m NOK +28.71m NOK
-19.8%
Net result
+55.08m NOK +56.83m NOK
+3.2%
Equity
409.69m NOK 416.1k NOK
-99.9%
Cash
10.33m NOK 4.93m NOK
-52.3%
Total assets
734.26m NOK 864.2k NOK
-99.9%

What improved

  • ↑

    Payroll decreased

    Salary cost 21341094000.28bn NOK → 15 NOK (3027169939826% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 704.99m NOK to 671.75m NOK (-4.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +35.77m NOK → +28.71m NOK (op. margin 5.1% → 4.3%). Calculated

  • ↓

    Equity eroded

    Book equity 409.69m NOK → 416.1k NOK (equity ratio 55.8% → 48.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 10.33m NOK → 4.93m NOK (-52.3% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 362.98m NOK → 362.86m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 555.26m NOK → 509.69m NOK (-8.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 12310.00bn NOK → 10 NOK. Reported fact