Org.nr 985 220 492 2014 → 2015 Year-over-year analysis

SEAGARDEN GROUP ASA: årsregnskap 2015 vs 2014

Grew 11% on revenue, fresh owner capital

approved 2016-06-02; registry 2016-09-12; journal 2016 935673

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for SEAGARDEN GROUP ASA. Revenue 1.61m NOK → 1.78m NOK (+10.8%). Equity 39.65m NOK → 57.50m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for SEAGARDEN GROUP ASA.

Scorecard

Revenue
1.61m NOK 1.78m NOK
+10.8%
Equity
39.65m NOK 57.50m NOK
+45.0%
Cash
45.0k NOK 2.13m NOK
+4637.8%
Total assets
69.56m NOK 64.72m NOK
-7.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.61m NOK to 1.78m NOK (+10.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 39.65m NOK → 57.50m NOK (equity ratio 57.0% → 88.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 45.0k NOK → 2.13m NOK (+4637.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 40.11m NOK → 86.42m NOK (+46.32m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 4.11m NOK → 1.96m NOK (255% → 110% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 23.95m NOK → 23.03m NOK (-3.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 27.15m NOK → 11 NOK. Reported fact