Org.nr 913 422 082 2014 → 2015 Year-over-year analysis

ALGINOR ASA: årsregnskap 2015 vs 2014

Weaker earnings, cash halved-plus

approved 2016-06-21; registry 2016-07-04; journal 2016 622283

Full company analysis · All year comparisons

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.

Scorecard

Revenue
65.0k NOK 65.0k NOK
0.0%
Net result
-15.6k NOK -176.0k NOK
-1028.0%
Equity
5.48m NOK 2.27m NOK
-58.5%
Cash
50.0k NOK 198 NOK
-99.6%
Total assets
1.51m NOK 2.61m NOK
+72.5%

What deteriorated

  • ↓

    Net result weakened

    Net result -15.6k NOK → -176.0k NOK (net margin -24.0% → -270.8%). Calculated

  • ↓

    Equity eroded

    Book equity 5.48m NOK → 2.27m NOK (equity ratio 361.7% → 87.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 50.0k NOK → 198 NOK (-99.6% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 494.3k NOK → 463.9k NOK — check capital reduction, conversion, or reclassification. Interpretation