Skano Group: Audited Annual Report 2015
OREANDA-NEWS. The Supervisory Board of Skano Group AS approved on 25th of April 2016 the annual report and loss covering proposal for the year 2015 of Skano Group AS
In 2015, the revenue of Skano Group AS totalled to 18.8 million euros and in 2014, 20.3 million euros. In 2015, the net loss from operating activities totalled 0.4 million euros as opposed to the net loss of 1.5 million euros in 2014. In 2015, the net loss per share of Skano Group AS was -0.09 euros and in 2014 it was -0.33 euros. Sales decreased by 7.6% in 2015 as compared to 2014, the consolidated operating loss was 101 thousand euros (2014: operating loss 1,199 thousand euros) and the gross margin was 20.9% (2014: 13.2%).
In 2015, EBITDA of the Group amounted to 763 thousand euros (2014: minus 312 thousand euros). The consolidated net loss was 411 thousand euros as compared to the net loss of 1.481 thousand euros in 2014 and the net margin was -2.2% (as compared to -7.3% in 2014).
Proposal for covering of loss: to cover the loss with retained earnings.