SEAGARDEN GROUP ASA: årsregnskap 2014 vs 2013
Cash halved-plus
approved 2015-06-26; registry 2015-07-21; journal 2015 618127
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for SEAGARDEN GROUP ASA. Revenue 0 NOK → 1.61m NOK. Equity 66.22m NOK → 39.65m NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.
Also worth watching: paid-in equity reduced; payroll increased; cogs fell. All figures are taken from the published annual accounts for SEAGARDEN GROUP ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 1.61m NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 66.22m NOK → 39.65m NOK (equity ratio 88.7% → 57.0%). Calculated
-
↓
Cash fell
Bank deposits 248.0k NOK → 45.0k NOK (-81.9% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 12.12bn NOK → 40.11m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Payroll increased
Salary cost 18 NOK → 4.11m NOK. Calculated
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·
COGS fell
COGS / varekostnad 31.60m NOK → 23.95m NOK (-24.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 11 NOK → 27.15m NOK. Reported fact