NORDIC FINANCIALS ASA: årsregnskap 2014 vs 2013
Shrank 107% on revenue
approved 2015-05-27; registry 2015-07-13; journal 2015 589970
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for NORDIC FINANCIALS ASA. Revenue 31.41m NOK → -2.19m NOK (-107.0%). Equity 100.42m NOK → 3.44m NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
31.41m NOK
-2.19m NOK
-107.0%
Equity
100.42m NOK
3.44m NOK
-96.6%
Cash
5.24m NOK
3.90m NOK
-25.5%
Total assets
197.31m NOK
3.92m NOK
-98.0%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 31.41m NOK to -2.19m NOK (-107.0% YoY). Calculated
-
↓
Equity eroded
Book equity 100.42m NOK → 3.44m NOK (equity ratio 50.9% → 87.9%). Calculated
-
↓
Cash fell
Bank deposits 5.24m NOK → 3.90m NOK (-25.5% YoY). Calculated