SELVAAG BOLIG ASA: årsregnskap 2015 vs 2014
Shrank 29% on revenue
approved 2016-04-29; registry 2016-06-11; journal 2016 483324
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for SELVAAG BOLIG ASA. Revenue 97.34m NOK → 68.69m NOK (-29.4%). Net result +253.4k NOK → +279.4k NOK. Equity 2.22bn NOK → 2.50bn NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; current ratio dropped below 1×; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for SELVAAG BOLIG ASA.
At a glance
Scorecard
What improved
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Net result improved
Net result +253.4k NOK → +279.4k NOK (net margin 0.3% → 0.4%). Calculated
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Equity strengthened
Book equity 2.22bn NOK → 2.50bn NOK (equity ratio 61.4% → 59.0%). Calculated
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Cash rose
Bank deposits 51.16m NOK → 235.39m NOK (+360.1% YoY). Calculated
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Owners injected capital
Paid-in equity rose 2.22bn NOK → 2.50bn NOK (+278.59m NOK). Reported fact
What deteriorated
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Revenue fell
Operating income / revenue moved from 97.34m NOK to 68.69m NOK (-29.4% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.56× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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Payroll up without matching revenue
Salary cost 82.87m NOK → 97.06m NOK (85% → 141% of revenue). Calculated
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COGS moved
COGS / varekostnad -14.46m NOK → 3.52m NOK (+124.3% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 2.79bn NOK → 3.21bn NOK. Reported fact