ALGINOR ASA: årsregnskap 2015 vs 2014
Weaker earnings, cash halved-plus
approved 2016-06-21; registry 2016-07-04; journal 2016 622283
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ALGINOR ASA. Revenue 65.0k NOK → 65.0k NOK (0.0%). Net result -15.6k NOK → -176.0k NOK. Equity 5.48m NOK → 2.27m NOK.
Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for ALGINOR ASA.
At a glance
Scorecard
What deteriorated
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↓
Net result weakened
Net result -15.6k NOK → -176.0k NOK (net margin -24.0% → -270.8%). Calculated
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↓
Equity eroded
Book equity 5.48m NOK → 2.27m NOK (equity ratio 361.7% → 87.0%). Calculated
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↓
Cash fell
Bank deposits 50.0k NOK → 198 NOK (-99.6% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 494.3k NOK → 463.9k NOK — check capital reduction, conversion, or reclassification. Interpretation