Org.nr 910 686 909 2014 → 2015 Year-over-year analysis

NRC GROUP ASA: årsregnskap 2015 vs 2014

Shrank 34% on revenue, slipped into loss, fresh owner capital

approved 2016-05-12; registry 2016-07-27; journal 2016 753954

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for NRC GROUP ASA. Revenue 6.19m NOK → 4.09m NOK (-33.9%). Net result +7.93m NOK → -46.23m NOK. Equity 52.04m NOK → 8.58bn NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; fell into a net loss.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for NRC GROUP ASA.

Scorecard

Revenue
6.19m NOK 4.09m NOK
-33.9%
Net result
+7.93m NOK -46.23m NOK
-683.2%
Equity
52.04m NOK 8.58bn NOK
+16394.5%
Cash
14.13m NOK 39.26m NOK
+177.9%
Total assets
88.74m NOK 643.43m NOK
+625.1%

What improved

  • ↑

    Equity strengthened

    Book equity 52.04m NOK → 8.58bn NOK (equity ratio 58.6% → 1334.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 14.13m NOK → 39.26m NOK (+177.9% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.77× → 1.52×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 52.04m NOK → 584.06m NOK (+532.02m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.19m NOK to 4.09m NOK (-33.9% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 7.93m NOK profit to a loss of 46.23m NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 60.20m NOK → 585.36m NOK. Reported fact