EQUINOR ASA: årsregnskap 2014 vs 2013
Shrank 7% on revenue, weaker earnings
approved 2015-05-19; registry 2015-06-15; journal 2015 456456
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for EQUINOR ASA. Revenue 466.18bn NOK → 434.67bn NOK (-6.8%). Net result +39.41bn NOK → +6.11bn NOK. Equity 321.30bn NOK → 17.36bn NOK.
Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for EQUINOR ASA.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 466.18bn NOK to 434.67bn NOK (-6.8% YoY). Calculated
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↓
Net result weakened
Net result +39.41bn NOK → +6.11bn NOK (net margin 8.5% → 1.4%). Calculated
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↓
Equity eroded
Book equity 321.30bn NOK → 17.36bn NOK. Calculated
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↓
Cash fell
Bank deposits 76.96bn NOK → 71.55bn NOK (-7.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 403.79bn NOK → 401.13bn NOK (-0.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 469.42bn NOK → 551.83m NOK. Reported fact