EQVA ASA: årsregnskap 2016 vs 2015
Shrank 81% on revenue, stronger earnings, fresh owner capital
approved 2017-05-29; registry 2017-07-19; journal 2017 719522
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for EQVA ASA. Revenue 230.47m NOK → 44.83m NOK (-80.5%). Net result -108.17m NOK → -39.32m NOK. Equity 16.26bn NOK → 15.18bn NOK.
On the constructive side: net result improved; cash rose; owners injected capital. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for EQVA ASA.
At a glance
Scorecard
What improved
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Net result improved
Net result -108.17m NOK → -39.32m NOK (net margin -46.9% → -87.7%). Calculated
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Cash rose
Bank deposits 335.1k NOK → 9.59m NOK (+2762.2% YoY). Calculated
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Owners injected capital
Paid-in equity rose 6.58m NOK → 23.77m NOK (+17.18m NOK). Reported fact
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Payroll decreased
Salary cost 28.91m NOK → 25.87m NOK (13% → 58% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 230.47m NOK to 44.83m NOK (-80.5% YoY). Calculated
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Equity eroded
Book equity 16.26bn NOK → 15.18bn NOK (equity ratio 3502.9% → 3779.0%). Calculated
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Current ratio dropped below 1×
Current ratio 2.24× → 0.90× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Book investments changed
Investment / intangible book value 10.48m NOK → 5.80m NOK. Reported fact