Org.nr 983 218 180 2014 → 2015 Year-over-year analysis

MAGNORA ASA: årsregnskap 2015 vs 2014

Shrank 59% on revenue

approved 2016-04-29; registry 2016-06-15; journal 2016 510746

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for MAGNORA ASA. Revenue 59.00m NOK → 24.00m NOK (-59.3%). Equity 83.00m NOK → 52.00m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

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

Scorecard

Revenue
59.00m NOK 24.00m NOK
-59.3%
Equity
83.00m NOK 52.00m NOK
-37.3%
Cash
25.00m NOK 28.00m NOK
+12.0%
Total assets
110.00m NOK 66.00m NOK
-40.0%

What improved

  • ↑

    Cash rose

    Bank deposits 25.00m NOK → 28.00m NOK (+12.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 21.00m NOK → 15.00m NOK (36% → 62% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 59.00m NOK to 24.00m NOK (-59.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 83.00m NOK → 52.00m NOK (equity ratio 75.5% → 78.8%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 49.00m NOK → 30.00m NOK. Reported fact