NORDIC MINING ASA: årsregnskap 2016 vs 2015
Weaker earnings, fresh owner capital
approved 2017-05-23; registry 2017-09-18; journal 2017 886279
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for NORDIC MINING ASA. Revenue 0 NOK → 11.97m NOK. Net result -19.11m NOK → -26.91m NOK. Equity 135.53m NOK → 214.18m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for NORDIC MINING ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 11.97m NOK. Calculated
-
↑
Equity strengthened
Book equity 135.53m NOK → 214.18m NOK (equity ratio 97.4% → 98.6%). Calculated
-
↑
Cash rose
Bank deposits 29.27m NOK → 65.34m NOK (+123.2% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 314.76m NOK → 395.95m NOK (+81.19m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -3.66m NOK → -5.71m NOK. Calculated
-
↓
Net result weakened
Net result -19.11m NOK → -26.91m NOK. Calculated
Things to notice
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·
Payroll increased
Salary cost 7.29m NOK → 8.48m NOK. Calculated
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·
COGS moved
COGS / varekostnad 147.3k NOK → 4.91m NOK (+3235.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 13 NOK → 26.15m NOK. Reported fact