FirmaIQ
Org.nr 986 942 785 2013 → 2014 Year-over-year analysis

EIDESVIK OFFSHORE ASA: årsregnskap 2014 vs 2013

Shrank 100% on revenue, slipped into loss

approved 2015-04-22; registry 2015-07-29; journal 2015 660092

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for EIDESVIK OFFSHORE ASA. Revenue 993.7k NOK → 0 NOK (-100.0%). Net result +158.25m NOK → -230.6k NOK. Equity 624.72m NOK → 577.29m NOK.

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

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

At a glance

Scorecard

Revenue
993.7k NOK 0 NOK
-100.0%
Operating result
n/m -13.31m NOK
—
Net result
+158.25m NOK -230.6k NOK
-100.1%
Equity
624.72m NOK 577.29m NOK
-7.6%
Cash
148.1k NOK 122.26m NOK
+82434.5%
Total assets
954.9k NOK 878.37m NOK
+91880.8%

What improved

  • ↑

    Cash rose

    Bank deposits 148.1k NOK → 122.26m NOK (+82434.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 993.7k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 158.25m NOK profit to a loss of 230.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 624.72m NOK → 577.29m NOK (equity ratio 65419.3% → 65.7%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 11.33m NOK → 326.92m NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 796.5k NOK → 745.89m NOK. Reported fact