MOWI ASA: årsregnskap 2015 vs 2014
Shrank 100% on revenue, weaker earnings
approved 2016-04-01; registry 2016-07-12; journal 2016 670932
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for MOWI ASA. Revenue 116.00m NOK → 131.0k NOK (-99.9%). Net result +939.00m NOK → +1.42m NOK. Equity 17.16bn NOK → 19.76bn NOK.
On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for MOWI ASA.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 17.16bn NOK → 19.76bn NOK (equity ratio 48.2% → 54.3%). Calculated
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↑
Cash rose
Bank deposits 647.0k NOK → 176.00m NOK (+27102.5% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 12.35bn NOK → 13.70bn NOK (+1.35bn NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 116.00m NOK to 131.0k NOK (-99.9% YoY). Calculated
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↓
Net result weakened
Net result +939.00m NOK → +1.42m NOK (net margin 809.5% → 1081.7%). Calculated
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↓
Payroll up without matching revenue
Salary cost 14.12m NOK → 3.83bn NOK (12% → 2920611% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 13.68bn NOK → 15.86bn NOK (+15.9% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 28.33bn NOK → 27.81bn NOK. Reported fact