Org.nr 990 918 546 2014 → 2015 Year-over-year analysis

SCATEC ASA: årsregnskap 2015 vs 2014

Grew 2065% on revenue, returned to profit

approved 2016-05-04; registry 2016-07-21; journal 2016 712439

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for SCATEC ASA. Revenue 36.45m NOK → 789.00m NOK (+2064.7%). Net result -17.92m NOK → +67.65m NOK. Equity 827.8k NOK → 814.20m NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for SCATEC ASA.

Scorecard

Revenue
36.45m NOK 789.00m NOK
+2064.7%
Operating result
+191.03m NOK +522.8k NOK
-99.7%
Net result
-17.92m NOK +67.65m NOK
+477.5%
Equity
827.8k NOK 814.20m NOK
+98257.1%
Cash
349.9k NOK 376.7k NOK
+7.6%
Total assets
1.58bn NOK 2.63bn NOK
+66.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 36.45m NOK to 789.00m NOK (+2064.7% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 17.92m NOK to a profit of 67.65m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 827.8k NOK → 814.20m NOK (equity ratio 0.1% → 31.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 349.9k NOK → 376.7k NOK (+7.6% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 796.5k NOK → 810.2k NOK (+13.8k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +191.03m NOK → +522.8k NOK (op. margin 524.1% → 0.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 30.06m NOK → 42.52m NOK (82% → 5% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 5.12m NOK → 10.74bn NOK (+209733.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.06m NOK → 1.54bn NOK. Reported fact