Org.nr 923 609 016 2013 → 2014 Year-over-year analysis

EQUINOR ASA: årsregnskap 2014 vs 2013

Shrank 7% on revenue, weaker earnings

approved 2015-05-19; registry 2015-06-15; journal 2015 456456

Full company analysis · All year comparisons

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.

Scorecard

Revenue
466.18bn NOK 434.67bn NOK
-6.8%
Net result
+39.41bn NOK +6.11bn NOK
-84.5%
Equity
321.30bn NOK 17.36bn NOK
-94.6%
Cash
76.96bn NOK 71.55bn NOK
-7.0%
Total assets
n/m 780.43m NOK
—

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 466.18bn NOK to 434.67bn NOK (-6.8% YoY). Calculated

  • ↓

    Net result weakened

    Net result +39.41bn NOK → +6.11bn NOK (net margin 8.5% → 1.4%). Calculated

  • ↓

    Equity eroded

    Book equity 321.30bn NOK → 17.36bn NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 76.96bn NOK → 71.55bn NOK (-7.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 403.79bn NOK → 401.13bn NOK (-0.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 469.42bn NOK → 551.83m NOK. Reported fact