Org.nr 910 686 909 2015 → 2016 Year-over-year analysis

NRC GROUP ASA: årsregnskap 2016 vs 2015

Grew 22% on revenue, stronger earnings

approved 2017-04-06; registry 2017-07-10; journal 2017 625004

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for NRC GROUP ASA. Revenue 4.09m NOK → 5.00m NOK (+22.3%). Net result -46.23m NOK → -28.00m NOK. Equity 8.58bn NOK → 11.78m NOK.

On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.

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

Scorecard

Revenue
4.09m NOK 5.00m NOK
+22.3%
Net result
-46.23m NOK -28.00m NOK
+39.4%
Equity
8.58bn NOK 11.78m NOK
-99.9%
Cash
39.26m NOK 210.00m NOK
+434.9%
Total assets
643.43m NOK 902.0k NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.09m NOK to 5.00m NOK (+22.3% YoY). Calculated

  • ↑

    Net result improved

    Net result -46.23m NOK → -28.00m NOK (net margin -1130.8% → -560.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 39.26m NOK → 210.00m NOK (+434.9% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 8.58bn NOK → 11.78m NOK (equity ratio 1334.1% → 1306.3%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 584.06m NOK → 783.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 585.36m NOK → 682.0k NOK. Reported fact