Sunday, January 24, 2016

Cleanup to 40 billion – Dagens Næringsliv

Up to 40 billion will be shaved off in the accounting records when listed companies will release its 2015 results, according to chief strategist.

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The seismic company PGS has already notified massive writedowns of 2.4 billion.

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– Equity is completely wrong appreciated, says Peter Hermanrud, chief strategist at Swedbank

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Misleading value

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 Hans Thrane Nielsen, manager at Storebrand  Investments. Photo: Elin H Search Applications  yland

Hans Thrane Nielsen, manages Storebrand Investments. Photo: Elin Høyland

– There are not 52 erroneous accounts, but the companies on this list have to take a reality check, says Hans Thrane Nielsen, manager at Storebrand Investments.

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Lars Kirkeby, chief analyst for credit at  Nordea Markets. Photo: St & aring; le Andersen

Lars Kirkeby, chief analyst for credit at Nordea Markets. Photo: Ståle Andersen

– But I doubt well if this will have any great effect courses. It had a great effect in the period 2005 to 2010, but now I think most have notified that it is season for impairment, says Nilsen.

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Not bankruptcy

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