Org.nr 921 526 121 2015 → 2016 Year-over-year analysis

DNO ASA: årsregnskap 2016 vs 2015

Grew 12% on revenue, slipped into loss, fresh owner capital

approved 2017-06-01; registry 2017-07-22; journal 2017 748096

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for DNO ASA. Revenue 6.08m NOK → 6.79m NOK (+11.8%). Net result +53.48m NOK → -119.92m NOK. Equity 11.25bn NOK → 131.76m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for DNO ASA.

Scorecard

Revenue
6.08m NOK 6.79m NOK
+11.8%
Net result
+53.48m NOK -119.92m NOK
-324.3%
Equity
11.25bn NOK 131.76m NOK
-98.8%
Cash
233.2k NOK 252.9k NOK
+8.5%
Total assets
692.81m NOK 704.7k NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.08m NOK to 6.79m NOK (+11.8% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 233.2k NOK → 252.9k NOK (+8.5% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 11.33m NOK → 329.72m NOK (+318.39m NOK). Reported fact

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 53.48m NOK profit to a loss of 119.92m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 11.25bn NOK → 131.76m NOK (equity ratio 1624.4% → 18696.3%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 449.35m NOK → 438.48m NOK. Reported fact