FRED. OLSEN SEAWIND ASA: årsregnskap 2015 vs 2014
Grew 9414249900% on revenue, cash halved-plus, fresh owner capital
approved 2016-05-04; registry 2016-09-06; journal 2016 907574
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for FRED. OLSEN SEAWIND ASA. Revenue 2 NOK → 188.28m NOK (+9414249900.0%). Equity 1.09bn NOK → 16.56bn NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for FRED. OLSEN SEAWIND ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2 NOK to 188.28m NOK (+9414249900.0% YoY). Calculated
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↑
Equity strengthened
Book equity 1.09bn NOK → 16.56bn NOK (equity ratio 97497422.0% → 1045.9%). Calculated
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↑
Owners injected capital
Paid-in equity rose 1.26bn NOK → 1.77bn NOK (+503.71m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +236.84m NOK → -34.55m NOK (op. margin 11842034200.0% → -18.3%). Calculated
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↓
Cash fell
Bank deposits 175.38m NOK → 5.46m NOK (-96.9% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (175.38m NOK → 5.46m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 877.27m NOK → 1.51m NOK. Reported fact