SAGA PURE ASA: årsregnskap 2016 vs 2015
Grew 34270% on revenue, slipped into loss
approved 2017-04-28; registry 2017-07-31; journal 2017 795076
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for SAGA PURE ASA. Revenue 13.5k NOK → 4.63m NOK (+34270.5%). Net result +267.20m NOK → -96.44m NOK. Equity 611.8k NOK → 555.80m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: fell into a net loss.
Also worth watching: 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 13.5k NOK to 4.63m NOK (+34270.5% YoY). Calculated
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↑
Equity strengthened
Book equity 611.8k NOK → 555.80m NOK (equity ratio 85.7% → 99.5%). Calculated
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↑
Cash rose
Bank deposits 344.0k NOK → 140.20m NOK (+40654.9% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.00× → 46.36×. Calculated
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↑
Owners injected capital
Paid-in equity rose 1.21bn NOK → 1.25bn NOK (+38.58m NOK). Reported fact
What deteriorated
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↓
Fell into a net loss
Net result flipped from 267.20m NOK profit to a loss of 96.44m NOK. Calculated
Things to notice
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·
Payroll increased
Salary cost 3.36m NOK → 4.34m NOK (24946% → 94% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 369.6k NOK → 166.27m NOK. Reported fact