Org.nr 983 738 478 2015 → 2016 Year-over-year analysis

AKASTOR AS: årsregnskap 2016 vs 2015

Shrank 15% on revenue

approved 2017-04-28; registry 2017-07-05; journal 2017 600879

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for AKASTOR AS. Revenue 91.49m NOK → 77.64m NOK (-15.1%). Equity 7.89bn NOK → 5.97bn NOK.

Pressures included: revenue fell; equity eroded; cash fell.

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

Scorecard

Revenue
91.49m NOK 77.64m NOK
-15.1%
Operating result
-57.48m NOK n/m
—
Equity
7.89bn NOK 5.97bn NOK
-24.3%
Cash
50.95m NOK 48.16m NOK
-5.5%
Total assets
8.46bn NOK 7.23bn NOK
-14.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 91.49m NOK to 77.64m NOK (-15.1% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 7.89bn NOK → 5.97bn NOK (equity ratio 93.2% → 82.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 50.95m NOK → 48.16m NOK (-5.5% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 7.89bn NOK → 5.97bn NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 7.72bn NOK → 4.85bn NOK. Reported fact