ATEA ASA: årsregnskap 2015 vs 2014
Grew 12% on revenue, weaker earnings, cash halved-plus
approved 2016-03-16; registry 2016-04-26; journal 2016 388078
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for ATEA ASA. Revenue 24.00m NOK → 27.00m NOK (+12.5%). Net result +335.00m NOK → +619.0k NOK. Equity 2.32bn NOK → 2.29bn NOK.
On the constructive side: revenue rose; owners injected capital. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for ATEA ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 24.00m NOK to 27.00m NOK (+12.5% YoY). Calculated
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Owners injected capital
Paid-in equity rose 1.14bn NOK → 1.18bn NOK (+40.00m NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result +335.00m NOK → +619.0k NOK (net margin 1395.8% → 2.3%). Calculated
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↓
Equity eroded
Book equity 2.32bn NOK → 2.29bn NOK (equity ratio 53.6% → 44.0%). Calculated
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↓
Cash fell
Bank deposits 232.00m NOK → 362.0k NOK (-99.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 425.08× → 0.26× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (232.00m NOK → 362.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 3.47bn NOK → 4.37bn NOK. Reported fact