FirmaIQ
Org.nr 987 989 297 2013 → 2014 Year-over-year analysis

BLUENORD ASA: årsregnskap 2014 vs 2013

Cash halved-plus

approved 2015-04-30; registry 2015-10-20; journal 2015 942868

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for BLUENORD ASA. Revenue 0 NOK → 0 NOK (0.0%). Equity 2.24bn NOK → -983.00m NOK.

Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer; sharp cash drawdown; paid-in equity reduced. All figures are taken from the published annual accounts for BLUENORD ASA.

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
n/m -44.00m NOK
—
Net result
n/m -2.66bn NOK
—
Equity
2.24bn NOK -983.00m NOK
-143.9%
Cash
399.00m NOK 619.0k NOK
-99.8%
Total assets
4.81bn NOK 2.22bn NOK
-53.8%

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.24bn NOK → -983.00m NOK (equity ratio 46.5% → -44.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 399.00m NOK → 619.0k NOK (-99.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -44.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (399.00m NOK → 619.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 2.24bn NOK → 568.00m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 4.41bn NOK → 927.00m NOK. Reported fact