FirmaIQ
Org.nr 994 051 067 2014 → 2015 Year-over-year analysis

PANORO ENERGY ASA: årsregnskap 2015 vs 2014

Grew 100% on revenue, cash halved-plus

approved 2016-04-29; registry 2016-09-12; journal 2016 933183

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for PANORO ENERGY ASA. Revenue 150 NOK → 300 NOK (+100.0%). Equity 145.81m NOK → 105.09m NOK.

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

Also worth watching: sharp cash drawdown; payroll increased; book investments changed. All figures are taken from the published annual accounts for PANORO ENERGY ASA.

At a glance

Scorecard

Revenue
150 NOK 300 NOK
+100.0%
Equity
145.81m NOK 105.09m NOK
-27.9%
Cash
38.47m NOK 5.91m NOK
-84.6%
Total assets
150.77m NOK 105.31m NOK
-30.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 150 NOK to 300 NOK (+100.0% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 145.81m NOK → 105.09m NOK (equity ratio 96.7% → 99.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 38.47m NOK → 5.91m NOK (-84.6% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (38.47m NOK → 5.91m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 666.0k NOK → 2.51m NOK (444000% → 836000% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 110.21m NOK → 99.40m NOK. Reported fact