FirmaIQ
Org.nr 986 942 785 2014 → 2015 Year-over-year analysis

EIDESVIK OFFSHORE ASA: årsregnskap 2015 vs 2014

Weaker earnings, cash halved-plus

approved 2016-04-26; registry 2016-07-18; journal 2016 701198

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for EIDESVIK OFFSHORE ASA. Revenue 0 NOK → 1.24m NOK. Net result -230.6k NOK → -196.91m NOK. Equity 577.29m NOK → 553.21m NOK.

On the constructive side: revenue rose; operating result improved; payroll decreased. Pressures included: net result weakened; equity eroded; cash fell.

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

At a glance

Scorecard

Revenue
0 NOK 1.24m NOK
—
Operating result
-13.31m NOK -11.28m NOK
+15.3%
Net result
-230.6k NOK -196.91m NOK
-85300.5%
Equity
577.29m NOK 553.21m NOK
-4.2%
Cash
122.26m NOK 58.01m NOK
-52.6%
Total assets
878.37m NOK 854.65m NOK
-2.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 1.24m NOK. Calculated

  • ↑

    Operating result improved

    Operating result -13.31m NOK → -11.28m NOK. Calculated

  • ↑

    Payroll decreased

    Salary cost 326.92m NOK → 314.15m NOK. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -230.6k NOK → -196.91m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 577.29m NOK → 553.21m NOK (equity ratio 65.7% → 64.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 122.26m NOK → 58.01m NOK (-52.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 745.89m NOK → 787.2k NOK. Reported fact