Org.nr 945 883 294 2014 → 2015 Year-over-year analysis

SOLSTAD OFFSHORE ASA: årsregnskap 2015 vs 2014

Mixed movements in the accounts

approved 2016-05-18; registry 2016-08-22; journal 2016 836281

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for SOLSTAD OFFSHORE ASA. Revenue 2.09m NOK → 2.01m NOK (-4.0%). Equity 3.15bn NOK → 3.32bn NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for SOLSTAD OFFSHORE ASA.

At a glance

Revenue

2.09m NOK 2.01m NOK

-4.0%

Net result

+151.65m NOK n/m

—

Equity

3.15bn NOK 3.32bn NOK

+5.2%

Cash

31.59m NOK 90.22m NOK

+185.6%

Total assets

5.15bn NOK 5.25bn NOK

+2.0%

↑
Equity strengthened

Book equity 3.15bn NOK → 3.32bn NOK (equity ratio 61.2% → 63.1%). Calculated
↑
Cash rose

Bank deposits 31.59m NOK → 90.22m NOK (+185.6% YoY). Calculated
↑
Payroll decreased

Salary cost 7.13m NOK → 6.73m NOK (341% → 335% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.09m NOK to 2.01m NOK (-4.0% YoY). Calculated

·
Book investments changed

Investment / intangible book value 5.04bn NOK → 5.10bn NOK. Reported fact