VOW ASA: årsregnskap 2016 vs 2015
Shrank 100% on revenue, slipped into loss
approved 2017-05-16; registry 2017-07-03; journal 2017 569353
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for VOW ASA. Revenue 200.3k NOK → 0 NOK (-100.0%). Net result +4.45m NOK → -5.00m NOK. Equity 119.38m NOK → 117.00m NOK.
On the constructive side: operating result improved; cash rose. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for VOW ASA.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -3.00m NOK → -2.00m NOK. Calculated
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↑
Cash rose
Bank deposits 56.0k NOK → 4.00m NOK (+7042.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 200.3k NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 4.45m NOK profit to a loss of 5.00m NOK. Calculated
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↓
Equity eroded
Book equity 119.38m NOK → 117.00m NOK (equity ratio 99.8% → 99.2%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 187.46m NOK → 187.00m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 99.33m NOK → 99.00m NOK. Reported fact