NORGESGRUPPEN ASA: årsregnskap 2015 vs 2014
Shrank 100% on revenue, cash halved-plus
approved 2016-05-10; registry 2016-06-21; journal 2016 550771
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for NORGESGRUPPEN ASA. Revenue 266.74m NOK → 360.5k NOK (-99.9%). Net result +1.91bn NOK → +1.65bn NOK. Equity 9.87bn NOK → 10.93bn NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for NORGESGRUPPEN ASA.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 9.87bn NOK → 10.93bn NOK (equity ratio 37.3% → 40.2%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 266.74m NOK to 360.5k NOK (-99.9% YoY). Calculated
-
↓
Net result weakened
Net result +1.91bn NOK → +1.65bn NOK (net margin 714.8% → 458317.4%). Calculated
-
↓
Cash fell
Bank deposits 739.0k NOK → 220.0k NOK (-70.2% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 3.19m NOK → 3.22m NOK (1% → 892% of revenue). Calculated
-
↓
COGS moved
COGS / varekostnad 52.64bn NOK → 56.16bn NOK (+6.7% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 1.83bn NOK → 1.83bn NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Book investments changed
Investment / intangible book value 1.70m NOK → 699.0k NOK. Reported fact