ENSURGE MICROPOWER ASA: årsregnskap 2016 vs 2015
Shrank 100% on revenue, cash halved-plus
approved 2017-04-06; registry 2017-06-14; journal 2017 447709
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for ENSURGE MICROPOWER ASA. Revenue 24.39m NOK → 16.5k NOK (-99.9%). Equity 197.35m NOK → 709.58m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for ENSURGE MICROPOWER ASA.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 197.35m NOK → 709.58m NOK (equity ratio 85.1% → 90.7%). Calculated
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↑
Payroll decreased
Salary cost 23.98m NOK → 24.0k NOK (98% → 145% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 24.39m NOK to 16.5k NOK (-99.9% YoY). Calculated
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↓
Cash fell
Bank deposits 105.83m NOK → 593 NOK (-100.0% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (105.83m NOK → 593 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 812.3k NOK → 233.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 92.06m NOK → 150.7k NOK. Reported fact