NUSSIR ASA: årsregnskap 2014 vs 2013
Shrank 100% on revenue, cash halved-plus
approved 2015-03-25; registry 2015-06-18; journal 2015 482229
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for NUSSIR ASA. Revenue 33.8k NOK → 0 NOK (-100.0%). Equity 64.73m NOK → 15.75m NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for NUSSIR ASA.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 33.8k NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Equity eroded
Book equity 64.73m NOK → 15.75m NOK (equity ratio 99.3% → 88.8%). Calculated
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↓
Cash fell
Bank deposits 9.95m NOK → 1.97m NOK (-80.2% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 468.4k NOK → 595.0k NOK. Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (9.95m NOK → 1.97m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 64.73m NOK → 15.75m NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 112.5k NOK → 0 NOK. Reported fact