Org.nr 988 598 976 2015 → 2016 Year-over-year analysis

FRED. OLSEN WINDCARRIER ASA: årsregnskap 2016 vs 2015

Shrank 18% on revenue

approved 2017-06-29; registry 2017-09-04; journal 2017 882358

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for FRED. OLSEN WINDCARRIER ASA. Revenue 7.72m NOK → 6.36m NOK (-17.6%). Equity 76.71m NOK → 60.82m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Revenue

7.72m NOK 6.36m NOK

-17.6%

Equity

76.71m NOK 60.82m NOK

-20.7%

Cash

3.81m NOK 2.57m NOK

-32.5%

Total assets

133.7k NOK 125.10m NOK

+93448.2%

↓
Revenue fell

Operating income / revenue moved from 7.72m NOK to 6.36m NOK (-17.6% YoY). Calculated
↓
Equity eroded

Book equity 76.71m NOK → 60.82m NOK (equity ratio 57360.7% → 48.6%). Calculated
↓
Cash fell

Bank deposits 3.81m NOK → 2.57m NOK (-32.5% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 2.81m NOK → 2.84m NOK (36% → 45% of revenue). Calculated

·
Book investments changed

Investment / intangible book value 113.3k NOK → 75.96m NOK. Reported fact