FirmaIQ
Org.nr 911 750 961 2014 → 2015 Year-over-year analysis

NORSKE SKOGINDUSTRIER ASA: årsregnskap 2015 vs 2014

Another loss-making year

approved 2016-05-25; registry 2016-08-29; journal 2016 871631

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for NORSKE SKOGINDUSTRIER ASA. Revenue 121.00m NOK → 119.00m NOK (-1.7%). Net result -1.50bn NOK → -1.48bn NOK. Equity 1.25bn NOK → -232.00m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for NORSKE SKOGINDUSTRIER ASA.

At a glance

Scorecard

Revenue
121.00m NOK 119.00m NOK
-1.7%
Operating result
n/m -33.00m NOK
—
Net result
-1.50bn NOK -1.48bn NOK
+1.5%
Equity
1.25bn NOK -232.00m NOK
-118.5%
Cash
397.00m NOK 261.00m NOK
-34.3%
Total assets
15.37bn NOK 7.93bn NOK
-48.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 121.00m NOK to 119.00m NOK (-1.7% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 1.25bn NOK → -232.00m NOK (equity ratio 8.1% → -2.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 397.00m NOK → 261.00m NOK (-34.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -2.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.25bn NOK → 190.00m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 14.69bn NOK → 7.50bn NOK. Reported fact