Org.nr 911 750 961 2015 → 2016 Year-over-year analysis

NORSKE SKOGINDUSTRIER ASA: årsregnskap 2016 vs 2015

Shrank 8% on revenue

approved 2017-04-19; registry 2017-06-28; journal 2017 535417

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for NORSKE SKOGINDUSTRIER ASA. Revenue 119.00m NOK → 109.00m NOK (-8.4%). Equity -232.00m NOK → 12.46bn NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.

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

Scorecard

Revenue
119.00m NOK 109.00m NOK
-8.4%
Operating result
-33.00m NOK -58.00m NOK
-75.8%
Net result
-1.48bn NOK n/m
—
Equity
-232.00m NOK 12.46bn NOK
+5469.0%
Cash
261.00m NOK 158.00m NOK
-39.5%
Total assets
7.93bn NOK 3.13bn NOK
-60.5%

What improved

  • ↑

    Equity strengthened

    Book equity -232.00m NOK → 12.46bn NOK (equity ratio -2.9% → 397.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 119.00m NOK to 109.00m NOK (-8.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -33.00m NOK → -58.00m NOK (op. margin -27.7% → -53.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 261.00m NOK → 158.00m NOK (-39.5% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 88.00m NOK → 94.00m NOK (74% → 86% of revenue). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 190.00m NOK → 279.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 8.12bn NOK → 8.01bn NOK (-1.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 7.50bn NOK → 2.84bn NOK. Reported fact