FirmaIQ
Org.nr 882 811 972 2014 → 2015 Year-over-year analysis

HAVILA SHIPPING ASA: årsregnskap 2015 vs 2014

Grew 2412520% on revenue, slipped into loss

approved 2016-04-18; registry 2016-07-30; journal 2016 761556

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for HAVILA SHIPPING ASA. Revenue 519.8k NOK → 12.54bn NOK (+2412519.8%). Net result +3.59m NOK → -1.53bn NOK. Equity 1.21bn NOK → 1.18bn NOK.

On the constructive side: revenue rose; cash rose. Pressures included: fell into a net loss; equity eroded.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for HAVILA SHIPPING ASA.

At a glance

Scorecard

Revenue
519.8k NOK 12.54bn NOK
+2412519.8%
Operating result
+585.8k NOK n/m
—
Net result
+3.59m NOK -1.53bn NOK
-42597.4%
Equity
1.21bn NOK 1.18bn NOK
-2.7%
Cash
220.4k NOK 151.61m NOK
+68702.3%
Total assets
3.12bn NOK 2.91bn NOK
-6.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 519.8k NOK to 12.54bn NOK (+2412519.8% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 220.4k NOK → 151.61m NOK (+68702.3% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 3.59m NOK profit to a loss of 1.53bn NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.21bn NOK → 1.18bn NOK (equity ratio 38.8% → 40.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 13.43m NOK → 13.44bn NOK (2583% → 107% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 205.0k NOK → 326.2k NOK. Reported fact