Org.nr 983 738 478 2014 → 2015 Year-over-year analysis

AKASTOR AS: årsregnskap 2015 vs 2014

Shrank 57% on revenue, cash halved-plus

approved 2016-04-27; registry 2016-05-23; journal 2016 433577

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AKASTOR AS. Revenue 210.49m NOK → 91.49m NOK (-56.5%). Equity 6.56bn NOK → 7.89bn NOK.

On the constructive side: operating result improved; equity strengthened; current ratio back above 1×. Pressures included: revenue fell; cash fell.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AKASTOR AS.

At a glance

Revenue

210.49m NOK 91.49m NOK

-56.5%

Operating result

-138.16m NOK -57.48m NOK

+58.4%

Equity

6.56bn NOK 7.89bn NOK

+20.3%

Cash

111.95m NOK 50.95m NOK

-54.5%

Total assets

9.39bn NOK 8.46bn NOK

-9.8%

↑
Operating result improved

Operating result -138.16m NOK → -57.48m NOK (op. margin -65.6% → -62.8%). Calculated
↑
Equity strengthened

Book equity 6.56bn NOK → 7.89bn NOK (equity ratio 69.8% → 93.2%). Calculated
↑
Current ratio back above 1×

Current ratio 0.54× → 1.36×. Calculated

↓
Revenue fell

Operating income / revenue moved from 210.49m NOK to 91.49m NOK (-56.5% YoY). Calculated
↓
Cash fell

Bank deposits 111.95m NOK → 50.95m NOK (-54.5% YoY). Calculated

·
Paid-in equity reduced

Paid-in equity fell 8.11bn NOK → 7.89bn NOK — check capital reduction, conversion, or reclassification. Interpretation
·
Book investments changed

Investment / intangible book value 7.37bn NOK → 7.72bn NOK. Reported fact