Org.nr 980 250 547 2014 → 2015 Year-over-year analysis

ITERA ASA: årsregnskap 2015 vs 2014

Shrank 23% on revenue

approved 2016-03-17; registry 2016-06-30; journal 2016 604836

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ITERA ASA. Revenue 33.21m NOK → 25.73m NOK (-22.5%). Equity 9.10bn NOK → 90.36m NOK.

On the constructive side: cash rose; owners injected capital. Pressures included: revenue fell; equity eroded.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ITERA ASA.

At a glance

Revenue

33.21m NOK 25.73m NOK

-22.5%

Net result

+19.05m NOK n/m

—

Equity

9.10bn NOK 90.36m NOK

-99.0%

Cash

40.21m NOK 60.20m NOK

+49.7%

Total assets

198.6k NOK 222.5k NOK

+12.0%

↑
Cash rose

Bank deposits 40.21m NOK → 60.20m NOK (+49.7% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 26.68m NOK → 26.74m NOK (+58.0k NOK). Reported fact

↓
Revenue fell

Operating income / revenue moved from 33.21m NOK to 25.73m NOK (-22.5% YoY). Calculated
↓
Equity eroded

Book equity 9.10bn NOK → 90.36m NOK (equity ratio 4582984.6% → 40616.2%). Calculated

·
COGS fell

COGS / varekostnad 75.93m NOK → 67.36m NOK (-11.3% YoY). Calculated
·
Book investments changed

Investment / intangible book value 132.96m NOK → 114.98m NOK. Reported fact