Org.nr 979 938 799 2013 → 2014 Year-over-year analysis

NEL ASA: årsregnskap 2014 vs 2013

Shrank 100% on revenue, fresh owner capital

approved 2015-05-22; registry 2015-09-14; journal 2015 825532

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for NEL ASA. Revenue 156.9k NOK → 200 NOK (-99.9%). Equity 8.99m NOK → 210.85m NOK.

On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell.

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

At a glance

Revenue

156.9k NOK 200 NOK

-99.9%

Operating result

-37.19m NOK -9.66m NOK

+74.0%

Net result

n/m +7.52m NOK

—

Equity

8.99m NOK 210.85m NOK

+2246.7%

Cash

11.49m NOK 75.74m NOK

+559.0%

Total assets

15.22m NOK 212.85m NOK

+1298.1%

↑
Operating result improved

Operating result -37.19m NOK → -9.66m NOK (op. margin -23694.0% → -4832197.5%). Calculated
↑
Equity strengthened

Book equity 8.99m NOK → 210.85m NOK (equity ratio 59.0% → 99.1%). Calculated
↑
Cash rose

Bank deposits 11.49m NOK → 75.74m NOK (+559.0% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 46.65m NOK → 203.33m NOK (+156.69m NOK). Reported fact
↑
Payroll decreased

Salary cost 20.84m NOK → 5.79m NOK (13281% → 2893634% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 156.9k NOK to 200 NOK (-99.9% YoY). Calculated

·
Book investments changed

Investment / intangible book value 0 NOK → 120.00m NOK. Reported fact