Org.nr 984 648 820 2015 → 2016 Year-over-year analysis

NORDA ASA: årsregnskap 2016 vs 2015

Grew 96% on revenue

approved 2017-06-30; registry 2017-07-19; journal 2017 717682

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for NORDA ASA. Revenue 38.76m NOK → 75.81m NOK (+95.6%). Equity 93.98m NOK → 8.15bn NOK.

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

Also worth watching: paid-in equity reduced; payroll increased; book investments changed. All figures are taken from the published annual accounts for NORDA ASA.

Scorecard

Revenue
38.76m NOK 75.81m NOK
+95.6%
Net result
+14.5k NOK n/m
—
Equity
93.98m NOK 8.15bn NOK
+8575.5%
Cash
8.19m NOK 4.89m NOK
-40.3%
Total assets
167.65m NOK 267.17m NOK
+59.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 38.76m NOK to 75.81m NOK (+95.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 93.98m NOK → 8.15bn NOK (equity ratio 56.1% → 3051.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 8.19m NOK → 4.89m NOK (-40.3% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 23.48m NOK → 23.47m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 817.8k NOK → 931.9k NOK (2% → 1% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 6 NOK → 36.04m NOK. Reported fact