SAGA PURE ASA: årsregnskap 2015 vs 2014
Grew 314% on revenue, returned to profit, cash halved-plus
approved 2016-04-28; registry 2016-07-26; journal 2016 745240
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for SAGA PURE ASA. Revenue 3 257 NOK → 13.5k NOK (+313.7%). Net result -38.65m NOK → +267.20m NOK. Equity 355.4k NOK → 611.8k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; payroll increased; book investments changed. All figures are taken from the published annual accounts for SAGA PURE ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3 257 NOK to 13.5k NOK (+313.7% YoY). Calculated
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Turned profitable
Net result flipped from a loss of 38.65m NOK to a profit of 267.20m NOK. Calculated
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Equity strengthened
Book equity 355.4k NOK → 611.8k NOK (equity ratio 78.1% → 85.7%). Calculated
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Owners injected capital
Paid-in equity rose 1.06m NOK → 1.21bn NOK (+1.21bn NOK). Reported fact
What deteriorated
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↓
Cash fell
Bank deposits 269.74m NOK → 344.0k NOK (-99.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2703.95× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (269.74m NOK → 344.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 2.11m NOK → 3.36m NOK (64722% → 24946% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 53.16m NOK → 369.6k NOK. Reported fact