NORDIC MINING ASA: årsregnskap 2014 vs 2011
Slipped into loss
Summary
What changed
Comparing Årsregnskap 2014 with 2011 for NORDIC MINING ASA. Net result +20.3k NOK → -23.37m NOK. Equity 86.5k NOK → 106.22m NOK.
On the constructive side: equity strengthened. Pressures included: fell into a net loss; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for NORDIC MINING ASA.
At a glance
Scorecard
Revenue
n/m
0 NOK
—
Operating result
n/m
-8.38m NOK
—
Net result
+20.3k NOK
-23.37m NOK
-115205.4%
Equity
86.5k NOK
106.22m NOK
+122654.7%
Cash
n/m
14.22m NOK
—
Total assets
96.6k NOK
109.66m NOK
+113475.8%
What improved
-
↑
Equity strengthened
Book equity 86.5k NOK → 106.22m NOK (equity ratio 89.6% → 96.9%). Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 20.3k NOK profit to a loss of 23.37m NOK. Calculated
-
↓
Payroll up without matching revenue
Salary cost 4 NOK → 10.80m NOK. Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 26.7k NOK → 12423.36bn NOK. Reported fact