Org.nr 937 917 376 2015 → 2016 Year-over-year analysis

NUSSIR ASA: årsregnskap 2016 vs 2015

Cash halved-plus

approved 2017-03-20; registry 2017-04-25; journal 2017 290578

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for NUSSIR ASA. Revenue 0 NOK → 2.57m NOK. Equity 27.79m NOK → 22.14m NOK.

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

Also worth watching: sharp cash drawdown; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for NUSSIR ASA.

Scorecard

Revenue
0 NOK 2.57m NOK
—
Operating result
-8.07m NOK -18.18m NOK
-125.3%
Equity
27.79m NOK 22.14m NOK
-20.3%
Cash
15.11m NOK 5.80m NOK
-61.6%
Total assets
32.19m NOK 22.62m NOK
-29.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 2.57m NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -8.07m NOK → -18.18m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 27.79m NOK → 22.14m NOK (equity ratio 86.3% → 97.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 15.11m NOK → 5.80m NOK (-61.6% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (15.11m NOK → 5.80m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 27.79m NOK → 22.14m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 209.3k NOK → 633.1k NOK. Calculated