Org.nr 995 359 774 2013 → 2014 Year-over-year analysis

SAGA PURE ASA: årsregnskap 2014 vs 2013

Slipped into loss

approved 2015-04-30; registry 2015-10-10; journal 2015 929046

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for SAGA PURE ASA. Revenue 0 NOK → 3 257 NOK. Net result +40.78m NOK → -38.65m NOK. Equity 175.27m NOK → 355.4k NOK.

On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: fell into a net loss; equity eroded.

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

Scorecard

Revenue
0 NOK 3 257 NOK
—
Net result
+40.78m NOK -38.65m NOK
-194.8%
Equity
175.27m NOK 355.4k NOK
-99.8%
Cash
89.78m NOK 269.74m NOK
+200.4%
Total assets
175.79m NOK 455.1k NOK
-99.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 3 257 NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 89.78m NOK → 269.74m NOK (+200.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.31m NOK → 2.11m NOK. Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 40.78m NOK profit to a loss of 38.65m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 175.27m NOK → 355.4k NOK (equity ratio 99.7% → 78.1%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 970.47m NOK → 1.06m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 60.23m NOK → 53.16m NOK. Reported fact