Org.nr 886 581 432 2013 → 2014 Year-over-year analysis

AKER ASA: årsregnskap 2014 vs 2013

Grew 15% on revenue, weaker earnings

approved 2015-04-17; registry 2015-05-26; journal 2015 407201

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for AKER ASA. Revenue 61.38bn NOK → 70.78bn NOK (+15.3%). Net result -360.00m NOK → -4.71bn NOK. Equity 17.69bn NOK → 12.23bn NOK.

On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: net result weakened; equity eroded.

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

Scorecard

Revenue
61.38bn NOK 70.78bn NOK
+15.3%
Net result
-360.00m NOK -4.71bn NOK
-1209.2%
Equity
17.69bn NOK 12.23bn NOK
-30.9%
Cash
2.29bn NOK 2.69bn NOK
+17.6%
Total assets
31.62bn NOK 26.82bn NOK
-15.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 61.38bn NOK to 70.78bn NOK (+15.3% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 2.29bn NOK → 2.69bn NOK (+17.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 18125000000.13bn NOK → 12 NOK (29528200450% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -360.00m NOK → -4.71bn NOK (net margin -0.6% → -6.7%). Calculated

  • ↓

    Equity eroded

    Book equity 17.69bn NOK → 12.23bn NOK (equity ratio 56.0% → 45.6%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 30.33bn NOK → 31.74bn NOK (+4.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 29.08bn NOK → 23.79bn NOK. Reported fact