FirmaIQ
Org.nr 858 905 192 2014 → 2015 Year-over-year analysis

SMARTOPTICS GROUP ASA: årsregnskap 2015 vs 2014

Weaker earnings, cash halved-plus

approved 2016-04-26; registry 2016-05-10; journal 2016 415333

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for SMARTOPTICS GROUP ASA. Revenue 35.3k NOK → 35.3k NOK (0.0%). Net result +42.41m NOK → +2 015 NOK. Equity 50.18m NOK → 89.50m NOK.

On the constructive side: operating result improved; equity strengthened; current ratio back above 1×. Pressures included: net result weakened; cash fell.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for SMARTOPTICS GROUP ASA.

At a glance

Scorecard

Revenue
35.3k NOK 35.3k NOK
0.0%
Operating result
-753.9k NOK -137.7k NOK
+81.7%
Net result
+42.41m NOK +2 015 NOK
-100.0%
Equity
50.18m NOK 89.50m NOK
+78.3%
Cash
10.9k NOK 1 025 NOK
-90.6%
Total assets
55.75m NOK 105.50m NOK
+89.2%

What improved

  • ↑

    Operating result improved

    Operating result -753.9k NOK → -137.7k NOK (op. margin -2137.6% → -390.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 50.18m NOK → 89.50m NOK (equity ratio 90.0% → 84.8%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.53× → 1.85×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +42.41m NOK → +2 015 NOK (net margin 120251.2% → 5.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 10.9k NOK → 1 025 NOK (-90.6% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 50.18m NOK → 32.60m NOK — check capital reduction, conversion, or reclassification. Interpretation