PANORO ENERGY ASA: årsregnskap 2017 vs 2016
Grew 2172567% on revenue, fresh owner capital
approved 2018-05-24; registry 2018-08-07; journal 2018 879800
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for PANORO ENERGY ASA. Revenue 300 NOK → 6.52m NOK (+2172566.7%). Equity 55.46m NOK → 29.26m NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for PANORO ENERGY ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 300 NOK to 6.52m NOK (+2172566.7% YoY). Calculated
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↑
Operating result improved
Operating result -68.43m NOK → -34.97m NOK (op. margin -22811000.0% → -536.5%). Calculated
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↑
Cash rose
Bank deposits 4.45m NOK → 6.21m NOK (+39.6% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 419.9k NOK → 419.34m NOK (+418.92m NOK). Reported fact
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↑
Payroll decreased
Salary cost 212.0k NOK → 238 NOK (70667% → 0% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 55.46m NOK → 29.26m NOK (equity ratio 89.6% → 82.9%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 57.42m NOK → 29.08m NOK. Reported fact