MAGNORA ASA: årsregnskap 2016 vs 2015
Shrank 50% on revenue
approved 2017-05-24; registry 2017-06-28; journal 2017 522725
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for MAGNORA ASA. Revenue 24.00m NOK → 12.00m NOK (-50.0%). Equity 52.00m NOK → 26.00m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for MAGNORA ASA.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 15.00m NOK → 11.00m NOK (62% → 92% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 24.00m NOK to 12.00m NOK (-50.0% YoY). Calculated
-
↓
Equity eroded
Book equity 52.00m NOK → 26.00m NOK (equity ratio 78.8% → 72.2%). Calculated
-
↓
Cash fell
Bank deposits 28.00m NOK → 23.00m NOK (-17.9% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 30.00m NOK → 11.00m NOK. Reported fact