SCANA ASA: årsregnskap 2015 vs 2014
Shrank 25% on revenue
approved 2016-03-15; registry 2016-05-02; journal 2016 400048
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for SCANA ASA. Revenue 41.22m NOK → 30.95m NOK (-24.9%). Equity 359.75m NOK → 390.4k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for SCANA ASA.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 39.35m NOK → 95.80m NOK (+143.5% YoY). Calculated
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↑
Payroll decreased
Salary cost 19.10m NOK → 18.31m NOK (46% → 59% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 41.22m NOK to 30.95m NOK (-24.9% YoY). Calculated
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↓
Equity eroded
Book equity 359.75m NOK → 390.4k NOK (equity ratio 36.8% → 0.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 359.75m NOK → 390.4k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 100.0k NOK → 628.14m NOK. Reported fact