FirmaIQ
Org.nr 913 011 384 2015 → 2016 Year-over-year analysis

GOLDEN ENERGY OFFSHORE SERVICES ASA: årsregnskap 2016 vs 2015

Shrank 14% on revenue, fresh owner capital

approved 2017-04-30; registry 2017-05-13; journal 2017 319697

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for GOLDEN ENERGY OFFSHORE SERVICES ASA. Revenue 103.95m NOK → 89.47m NOK (-13.9%). Equity 34.80m NOK → 71.31m NOK.

On the constructive side: operating result improved; equity strengthened; owners injected capital. Pressures included: revenue fell; cash fell.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
103.95m NOK 89.47m NOK
-13.9%
Operating result
+54.3k NOK +55.1k NOK
+1.4%
Equity
34.80m NOK 71.31m NOK
+104.9%
Cash
7.42m NOK 6.55m NOK
-11.8%
Total assets
407.18m NOK 293.81m NOK
-27.8%

What improved

  • ↑

    Operating result improved

    Operating result +54.3k NOK → +55.1k NOK (op. margin 0.1% → 0.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 34.80m NOK → 71.31m NOK (equity ratio 8.5% → 24.3%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 154.53m NOK → 291.47m NOK (+136.94m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 103.95m NOK to 89.47m NOK (-13.9% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 7.42m NOK → 6.55m NOK (-11.8% YoY). Calculated