Org.nr 982 904 420 2014 → 2015 Year-over-year analysis

NEXT BIOMETRICS GROUP ASA: årsregnskap 2015 vs 2014

Grew 208% on revenue, weaker earnings, fresh owner capital

approved 2016-04-25; registry 2016-09-14; journal 2016 945876

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for NEXT BIOMETRICS GROUP ASA. Revenue 981.1k NOK → 3.02m NOK (+208.1%). Net result -79.69m NOK → -121.53m NOK. Equity 296.07m NOK → 412.08m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for NEXT BIOMETRICS GROUP ASA.

Scorecard

Revenue
981.1k NOK 3.02m NOK
+208.1%
Net result
-79.69m NOK -121.53m NOK
-52.5%
Equity
296.07m NOK 412.08m NOK
+39.2%
Cash
125.72m NOK 128.09m NOK
+1.9%
Total assets
309.10m NOK 423.06m NOK
+36.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 981.1k NOK to 3.02m NOK (+208.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 296.07m NOK → 412.08m NOK (equity ratio 95.8% → 97.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 125.72m NOK → 128.09m NOK (+1.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 296.07m NOK → 412.08m NOK (+116.02m NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result -79.69m NOK → -121.53m NOK (net margin -8122.8% → -4020.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4.89m NOK → 12.21m NOK (498% → 404% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 171.87m NOK → 285.09m NOK. Reported fact