Org.nr 913 422 082 2015 → 2016 Year-over-year analysis

ALGINOR ASA: årsregnskap 2016 vs 2015

Shrank 82% on revenue, fresh owner capital

approved 2017-06-30; registry 2017-12-04; journal 2017 896236

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for ALGINOR ASA. Revenue 65.0k NOK → 11.5k NOK (-82.3%). Equity 2.27m NOK → 898.5k NOK.

On the constructive side: cash rose; owners injected capital. Pressures included: revenue fell; equity eroded.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
65.0k NOK 11.5k NOK
-82.3%
Net result
-176.0k NOK n/m
—
Equity
2.27m NOK 898.5k NOK
-60.5%
Cash
198 NOK 15.8k NOK
+7898.0%
Total assets
2.61m NOK 4.29m NOK
+64.2%

What improved

  • ↑

    Cash rose

    Bank deposits 198 NOK → 15.8k NOK (+7898.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 463.9k NOK → 2.46m NOK (+2.00m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 65.0k NOK to 11.5k NOK (-82.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 2.27m NOK → 898.5k NOK (equity ratio 87.0% → 20.9%). Calculated