EQUINOR ASA: årsregnskap 2015 vs 2014
Shrank 35% on revenue, slipped into loss
approved 2016-05-11; registry 2016-06-04; journal 2016 463561
Summary
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.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 434.67bn NOK to 282.28bn NOK (-35.1% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 6.11bn NOK profit to a loss of 46.83bn NOK. Calculated
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↓
Equity eroded
Book equity 17.36bn NOK → 17.33bn NOK (equity ratio 2224.2% → 2099.6%). Calculated
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↓
Cash fell
Bank deposits 71.55bn NOK → 65.81bn NOK (-8.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 401.13bn NOK → 292.90bn NOK (-27.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 551.83m NOK → 584.27m NOK. Reported fact