SCANA ASA: årsregnskap 2016 vs 2015
Shrank 23% on revenue, returned to profit, fresh owner capital
approved 2017-03-30; registry 2017-05-23; journal 2017 343971
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for SCANA ASA. Revenue 30.95m NOK → 23.70m NOK (-23.4%). Net result -72.32m NOK → +28.47m NOK. Equity 390.4k NOK → 322.43m NOK.
On the constructive side: turned profitable; equity strengthened; owners injected capital. Pressures included: revenue fell; cash fell.
Also worth watching: 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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↑
Turned profitable
Net result flipped from a loss of 72.32m NOK to a profit of 28.47m NOK. Calculated
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↑
Equity strengthened
Book equity 390.4k NOK → 322.43m NOK (equity ratio 0.0% → 47.2%). Calculated
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↑
Owners injected capital
Paid-in equity rose 390.4k NOK → 322.43m NOK (+322.04m NOK). Reported fact
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↑
Payroll decreased
Salary cost 18.31m NOK → 14.34m NOK (59% → 60% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 30.95m NOK to 23.70m NOK (-23.4% YoY). Calculated
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↓
Cash fell
Bank deposits 95.80m NOK → 48.57m NOK (-49.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 628.14m NOK → 439.76m NOK. Reported fact