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For the six months ended 30 June 2017, Renonorden ASA revenues increased 2% to NOK949.8M. Net loss applicable to common stockholders increased 69% to NOK324.9M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Higher net loss reflects Employee benefit expense increase of 9% to NOK574.2M (expense), Other operating expenses increase of 21% to NOK253.6M (expense).
Period Ending: | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 |
---|---|---|---|---|
Total Revenue | 502.3 | 447.46 | 452.28 | 528.63 |
Gross Profit | 464.11 | 413.41 | 414.44 | 481.16 |
Operating Income | 19.26 | -374.79 | -250.67 | 51.19 |
Net Income | 1.79 | -326.74 | -243.34 | 38.44 |
Period Ending: | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 |
---|---|---|---|---|
Total Assets | 2314.64 | 2343.99 | 2163.12 | 2329.76 |
Total Liabilities | 2052.19 | 2087.57 | 1908.56 | 1837.51 |
Total Equity | 262.44 | 256.42 | 254.57 | 492.25 |
Period Ending: | Jun 30, 2017 | Mar 31, 2017 | Dec 31, 2016 | Sep 30, 2016 |
---|---|---|---|---|
Period Length: | 6 Months | 3 Months | 12 Months | 9 Months |
Cash From Operating Activities | -70.94 | -24.28 | 208.06 | 109.25 |
Cash From Investing Activities | -70.87 | -2.19 | -21.23 | -252.48 |
Cash From Financing Activities | 260.38 | 293.48 | -151.65 | 105.67 |
Net Change in Cash | 123.56 | 268.18 | 27.07 | -46.87 |
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