Org.nr 984 195 486 2014 → 2015 Year-over-year analysis

VOIM ASA: årsregnskap 2015 vs 2014

Grew 453051% on revenue, slipped into loss, cash halved-plus

approved 2016-06-09; registry 2016-09-10; journal 2016 925229

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for VOIM ASA. Revenue 198.0k NOK → 897.34m NOK (+453051.4%). Net result +244.5k NOK → -76.72m NOK. Equity 1.08m NOK → 988.53m NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: fell into a net loss; cash fell.

Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for VOIM ASA.

Scorecard

Revenue
198.0k NOK 897.34m NOK
+453051.4%
Operating result
n/m -142.07m NOK
—
Net result
+244.5k NOK -76.72m NOK
-31473.8%
Equity
1.08m NOK 988.53m NOK
+91837.0%
Cash
140.89m NOK 267.1k NOK
-99.8%
Total assets
1.78bn NOK 1.72m NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 198.0k NOK to 897.34m NOK (+453051.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.08m NOK → 988.53m NOK (equity ratio 0.1% → 57328.7%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.04bn NOK → 1.32bn NOK (+277.44m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 55.17m NOK → 44.83m NOK (27861% → 5% of revenue). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 244.5k NOK profit to a loss of 76.72m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 140.89m NOK → 267.1k NOK (-99.8% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (140.89m NOK → 267.1k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 4.46m NOK → 4.36m NOK (-2.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 19 NOK → 68.53m NOK. Reported fact