Org.nr 812 206 222 2014 → 2015 Year-over-year analysis

GYLDENDAL ASA: årsregnskap 2015 vs 2014

Cash halved-plus

approved 2016-03-17; registry 2016-06-08; journal 2016 474040

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for GYLDENDAL ASA. Revenue 21.92m NOK → 22.25m NOK (+1.5%). Equity 320.54m NOK → 354.1k NOK.

On the constructive side: revenue rose; current ratio back above 1×. Pressures included: equity eroded; cash fell.

Also worth watching: sharp cash drawdown; payroll increased; cogs fell. All figures are taken from the published annual accounts for GYLDENDAL ASA.

At a glance

Revenue

21.92m NOK 22.25m NOK

+1.5%

Operating result

-13.90m NOK n/m

—

Equity

320.54m NOK 354.1k NOK

-99.9%

Cash

177.56m NOK 352.5k NOK

-99.8%

Total assets

769.9k NOK 910.6k NOK

+18.3%

↑
Revenue rose

Operating income / revenue moved from 21.92m NOK to 22.25m NOK (+1.5% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.00× → 1.41×. Calculated

↓
Equity eroded

Book equity 320.54m NOK → 354.1k NOK (equity ratio 41634.1% → 38.9%). Calculated
↓
Cash fell

Bank deposits 177.56m NOK → 352.5k NOK (-99.8% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (177.56m NOK → 352.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Payroll increased

Salary cost 21.43m NOK → 21.45m NOK (98% → 96% of revenue). Calculated
·
COGS fell

COGS / varekostnad 12.77m NOK → 0 NOK (-100.0% YoY). Calculated
·
Book investments changed

Investment / intangible book value 64.02m NOK → 6.12m NOK. Reported fact