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Org.nr 920 639 674 2014 → 2015 Year-over-year analysis

BORGESTAD ASA: årsregnskap 2015 vs 2014

Shrank 19% on revenue, slipped into loss

approved 2016-04-21; registry 2016-06-21; journal 2016 542346

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for BORGESTAD ASA. Revenue 12.37m NOK → 9.96m NOK (-19.5%). Net result +9.32m NOK → -17.46m NOK. Equity 474.2k NOK → 474.00m NOK.

On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; fell into a net loss.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for BORGESTAD ASA.

At a glance

Scorecard

Revenue
12.37m NOK 9.96m NOK
-19.5%
Operating result
-1.39m NOK n/m
—
Net result
+9.32m NOK -17.46m NOK
-287.3%
Equity
474.2k NOK 474.00m NOK
+99862.9%
Cash
15.0k NOK 7.41m NOK
+49428.8%
Total assets
802.9k NOK 808.7k NOK
+0.7%

What improved

  • ↑

    Equity strengthened

    Book equity 474.2k NOK → 474.00m NOK (equity ratio 59.1% → 58613.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 15.0k NOK → 7.41m NOK (+49428.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 96.70m NOK → 96.71m NOK (+9 000 NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 12.37m NOK to 9.96m NOK (-19.5% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 9.32m NOK profit to a loss of 17.46m NOK. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 4.30m NOK → 4.30m NOK (-0.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 712.0k NOK → 733.2k NOK. Reported fact