Org.nr 986 529 551 2015 → 2016 Year-over-year analysis

AKASTOR ASA: årsregnskap 2016 vs 2015

Shrank 6% on revenue, returned to profit, fresh owner capital

approved 2017-03-07; registry 2017-06-01; journal 2017 359225

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for AKASTOR ASA. Revenue 16.00m NOK → 15.00m NOK (-6.2%). Net result -2.56bn NOK → +790.00m NOK. Equity 3.24bn NOK → 4.03bn NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AKASTOR ASA.

Scorecard

Revenue
16.00m NOK 15.00m NOK
-6.2%
Operating result
-51.00m NOK -49.00m NOK
+3.9%
Net result
-2.56bn NOK +790.00m NOK
+130.8%
Equity
3.24bn NOK 4.03bn NOK
+24.4%
Cash
195.00m NOK 135.00m NOK
-30.8%
Total assets
13.21bn NOK 10.24bn NOK
-22.5%

What improved

  • ↑

    Operating result improved

    Operating result -51.00m NOK → -49.00m NOK (op. margin -318.8% → -326.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2.56bn NOK to a profit of 790.00m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 3.24bn NOK → 4.03bn NOK (equity ratio 24.5% → 39.3%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 3.24bn NOK → 4.16bn NOK (+922.00m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 16.00m NOK to 15.00m NOK (-6.2% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 195.00m NOK → 135.00m NOK (-30.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 4.91bn NOK → 2.12bn NOK (-56.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 6.86bn NOK → 8.35bn NOK. Reported fact