FirmaIQ
Org.nr 994 051 067 2013 → 2014 Year-over-year analysis

PANORO ENERGY ASA: årsregnskap 2014 vs 2013

Shrank 100% on revenue, fresh owner capital

approved 2015-04-30; registry 2015-07-22; journal 2015 624451

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for PANORO ENERGY ASA. Revenue 101.0k NOK → 150 NOK (-99.9%). Equity 173.66m NOK → 145.81m NOK.

On the constructive side: current ratio back above 1×; owners injected capital; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Scorecard

Revenue
101.0k NOK 150 NOK
-99.9%
Equity
173.66m NOK 145.81m NOK
-16.0%
Cash
48.85m NOK 38.47m NOK
-21.3%
Total assets
298.78m NOK 150.77m NOK
-49.5%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.41× → 8.18×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 411.2k NOK → 411.11m NOK (+410.69m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 2.87m NOK → 666.0k NOK (2846% → 444000% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 101.0k NOK to 150 NOK (-99.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 173.66m NOK → 145.81m NOK (equity ratio 58.1% → 96.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 48.85m NOK → 38.47m NOK (-21.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 247.88m NOK → 110.21m NOK. Reported fact