Org.nr 913 756 851 2014 → 2015 Year-over-year analysis

CEONOR INVEST AS: årsregnskap 2015 vs 2014

Weaker earnings, cash halved-plus

approved 2016-02-03; registry 2016-06-29; journal 2016 600521

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for CEONOR INVEST AS. Net result -6 509 NOK → -76.7k NOK. Equity -6.49m NOK → -6.56m NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for CEONOR INVEST AS.

At a glance

Operating result

+6 875 NOK -8 719 NOK

-226.8%

Net result

-6 509 NOK -76.7k NOK

-1078.8%

Equity

-6.49m NOK -6.56m NOK

-1.2%

Cash

17.3k NOK 7 107 NOK

-59.0%

Total assets

2.17m NOK 2.16m NOK

-0.5%

↓
Operating result weakened

Operating result +6 875 NOK → -8 719 NOK. Calculated
↓
Net result weakened

Net result -6 509 NOK → -76.7k NOK. Calculated
↓
Equity eroded

Book equity -6.49m NOK → -6.56m NOK (equity ratio -298.7% → -303.6%). Calculated
↓
Cash fell

Bank deposits 17.3k NOK → 7 107 NOK (-59.0% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 250.86× → 0.25× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Thin equity buffer

Equity ratio is -303.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation