Org.nr 996 819 000 2015 → 2016 Year-over-year analysis

VOW ASA: årsregnskap 2016 vs 2015

Shrank 100% on revenue, slipped into loss

approved 2017-05-16; registry 2017-07-03; journal 2017 569353

Full company analysis · All year comparisons

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.

Scorecard

Revenue
200.3k NOK 0 NOK
-100.0%
Operating result
-3.00m NOK -2.00m NOK
+33.3%
Net result
+4.45m NOK -5.00m NOK
-212.5%
Equity
119.38m NOK 117.00m NOK
-2.0%
Cash
56.0k NOK 4.00m NOK
+7042.9%
Total assets
119.63m NOK 118.00m NOK
-1.4%

What improved

  • ↑

    Operating result improved

    Operating result -3.00m NOK → -2.00m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 56.0k NOK → 4.00m NOK (+7042.9% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 200.3k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 4.45m NOK profit to a loss of 5.00m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 119.38m NOK → 117.00m NOK (equity ratio 99.8% → 99.2%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 187.46m NOK → 187.00m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 99.33m NOK → 99.00m NOK. Reported fact