Org.nr 923 609 016 2014 → 2015 Year-over-year analysis

EQUINOR ASA: årsregnskap 2015 vs 2014

Shrank 35% on revenue, slipped into loss

approved 2016-05-11; registry 2016-06-04; journal 2016 463561

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for EQUINOR ASA. Revenue 434.67bn NOK → 282.28bn NOK (-35.1%). Net result +6.11bn NOK → -46.83bn NOK. Equity 17.36bn NOK → 17.33bn NOK.

Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for EQUINOR ASA.

Scorecard

Revenue
434.67bn NOK 282.28bn NOK
-35.1%
Operating result
n/m +1.37bn NOK
—
Net result
+6.11bn NOK -46.83bn NOK
-866.6%
Equity
17.36bn NOK 17.33bn NOK
-0.1%
Cash
71.55bn NOK 65.81bn NOK
-8.0%
Total assets
780.43m NOK 825.57m NOK
+5.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 434.67bn NOK to 282.28bn NOK (-35.1% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 6.11bn NOK profit to a loss of 46.83bn NOK. Calculated

  • ↓

    Equity eroded

    Book equity 17.36bn NOK → 17.33bn NOK (equity ratio 2224.2% → 2099.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 71.55bn NOK → 65.81bn NOK (-8.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 401.13bn NOK → 292.90bn NOK (-27.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 551.83m NOK → 584.27m NOK. Reported fact