Org.nr 994 051 067 2015 → 2016 Year-over-year analysis

PANORO ENERGY ASA: årsregnskap 2016 vs 2015

Mixed movements in the accounts

approved 2017-04-28; registry 2017-06-14; journal 2017 449252

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for PANORO ENERGY ASA. Revenue 300 NOK → 300 NOK (0.0%). Equity 105.09m NOK → 55.46m NOK.

On the constructive side: payroll decreased. Pressures included: equity eroded; cash fell.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for PANORO ENERGY ASA.

Scorecard

Revenue
300 NOK 300 NOK
0.0%
Operating result
n/m -68.43m NOK
—
Equity
105.09m NOK 55.46m NOK
-47.2%
Cash
5.91m NOK 4.45m NOK
-24.7%
Total assets
105.31m NOK 61.87m NOK
-41.2%

What improved

  • ↑

    Payroll decreased

    Salary cost 2.51m NOK → 212.0k NOK (836000% → 70667% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 105.09m NOK → 55.46m NOK (equity ratio 99.8% → 89.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.91m NOK → 4.45m NOK (-24.7% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 411.11m NOK → 419.9k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 99.40m NOK → 57.42m NOK. Reported fact