Org.nr 990 251 657 2014 → 2015 Year-over-year analysis

LIFECARE ASA: årsregnskap 2015 vs 2014

Grew 11146% on revenue, slipped into loss, fresh owner capital

approved 2016-04-29; registry 2016-06-28; journal 2016 581177

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for LIFECARE ASA. Revenue 14.7k NOK → 1.65m NOK (+11146.1%). Net result +5 171 NOK → -7.49m NOK. Equity 510.7k NOK → 1.69m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for LIFECARE ASA.

Scorecard

Revenue
14.7k NOK 1.65m NOK
+11146.1%
Operating result
-5.17m NOK -7.24m NOK
-40.1%
Net result
+5 171 NOK -7.49m NOK
-145015.6%
Equity
510.7k NOK 1.69m NOK
+230.0%
Cash
476.0k NOK 404.4k NOK
-15.0%
Total assets
2.83m NOK 2.27m NOK
-19.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.7k NOK to 1.65m NOK (+11146.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 510.7k NOK → 1.69m NOK (equity ratio 18.0% → 74.1%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 7.80m NOK → 16.46m NOK (+8.67m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 704.0k NOK → 217.5k NOK (4799% → 13% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -5.17m NOK → -7.24m NOK (op. margin -35211.8% → -438.7%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 5 171 NOK profit to a loss of 7.49m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 476.0k NOK → 404.4k NOK (-15.0% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 40.2k NOK → 4.06m NOK (+9995.9% YoY). Calculated