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Org.nr 980 832 708 2014 → 2015 Year-over-year analysis

EQVA ASA: årsregnskap 2015 vs 2014

Shrank 20% on revenue, slipped into loss, cash halved-plus

approved 2016-05-23; registry 2016-06-23; journal 2016 562721

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for EQVA ASA. Revenue 288.99m NOK → 230.47m NOK (-20.2%). Net result +30.0k NOK → -108.17m NOK. Equity 300.08m NOK → 16.26bn NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; fell into a net loss; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for EQVA ASA.

At a glance

Scorecard

Revenue
288.99m NOK 230.47m NOK
-20.2%
Operating result
+45.2k NOK n/m
—
Net result
+30.0k NOK -108.17m NOK
-360548.2%
Equity
300.08m NOK 16.26bn NOK
+5318.8%
Cash
769.5k NOK 335.1k NOK
-56.5%
Total assets
568.84m NOK 464.22m NOK
-18.4%

What improved

  • ↑

    Equity strengthened

    Book equity 300.08m NOK → 16.26bn NOK (equity ratio 52.8% → 3502.9%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 6.58m NOK → 6.58m NOK (+1 716 NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 288.99m NOK to 230.47m NOK (-20.2% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 30.0k NOK profit to a loss of 108.17m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 769.5k NOK → 335.1k NOK (-56.5% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 20.76m NOK → 28.91m NOK (7% → 13% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 262.14m NOK → 12.18bn NOK (+4547.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 57.35m NOK → 10.48m NOK. Reported fact