Org.nr 937 917 376 2013 → 2014 Year-over-year analysis

NUSSIR ASA: årsregnskap 2014 vs 2013

Shrank 100% on revenue, cash halved-plus

approved 2015-03-25; registry 2015-06-18; journal 2015 482229

Full company analysis · All year comparisons

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.

Scorecard

Revenue
33.8k NOK 0 NOK
-100.0%
Operating result
n/m -19.75m NOK
—
Equity
64.73m NOK 15.75m NOK
-75.7%
Cash
9.95m NOK 1.97m NOK
-80.2%
Total assets
65.17m NOK 17.73m NOK
-72.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 33.8k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 64.73m NOK → 15.75m NOK (equity ratio 99.3% → 88.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 9.95m NOK → 1.97m NOK (-80.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 468.4k NOK → 595.0k NOK. Calculated

Things to notice

  • ·

    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

  • ·

    Paid-in equity reduced

    Paid-in equity fell 64.73m NOK → 15.75m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 112.5k NOK → 0 NOK. Reported fact