FirmaIQ
Org.nr 938 992 185 2014 → 2015 Year-over-year analysis

HEXAGON COMPOSITES ASA: årsregnskap 2015 vs 2014

Grew 101% on revenue, slipped into loss, cash halved-plus

approved 2016-04-20; registry 2016-08-23; journal 2016 849729

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for HEXAGON COMPOSITES ASA. Revenue 21.63m NOK → 43.57m NOK (+101.4%). Net result +72.11m NOK → -1.64m NOK. Equity 90.03m NOK → 90.40m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: fell into a net loss; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for HEXAGON COMPOSITES ASA.

At a glance

Scorecard

Revenue
21.63m NOK 43.57m NOK
+101.4%
Operating result
+256.8k NOK +37.51m NOK
+14508.5%
Net result
+72.11m NOK -1.64m NOK
-102.3%
Equity
90.03m NOK 90.40m NOK
+0.4%
Cash
654.0k NOK 670 NOK
-99.9%
Total assets
657.78m NOK 583.15m NOK
-11.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 21.63m NOK to 43.57m NOK (+101.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +256.8k NOK → +37.51m NOK (op. margin 1.2% → 86.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 90.03m NOK → 90.40m NOK (equity ratio 13.7% → 15.5%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 1.22×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 90.03m NOK → 90.40m NOK (+375.0k NOK). Reported fact

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 72.11m NOK profit to a loss of 1.64m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 654.0k NOK → 670 NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4.15m NOK → 4.30m NOK. Reported fact