Org.nr 886 581 432 2015 → 2016 Year-over-year analysis

AKER ASA: årsregnskap 2016 vs 2015

Shrank 41% on revenue, returned to profit

approved 2017-03-23; registry 2017-06-06; journal 2017 381982

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for AKER ASA. Revenue 73.41bn NOK → 43.67bn NOK (-40.5%). Net result -3.82bn NOK → +3.08bn NOK. Equity 17.94bn NOK → 19.82bn NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AKER ASA.

Scorecard

Revenue
73.41bn NOK 43.67bn NOK
-40.5%
Operating result
+727.00m NOK +1.57m NOK
-99.8%
Net result
-3.82bn NOK +3.08bn NOK
+180.5%
Equity
17.94bn NOK 19.82bn NOK
+10.5%
Cash
1.46bn NOK 3.25bn NOK
+122.6%
Total assets
25.78bn NOK 29.05bn NOK
+12.7%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 3.82bn NOK to a profit of 3.08bn NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 17.94bn NOK → 19.82bn NOK (equity ratio 69.6% → 68.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.46bn NOK → 3.25bn NOK (+122.6% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 2.33bn NOK → 2.33bn NOK (+3.00m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 73.41bn NOK to 43.67bn NOK (-40.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +727.00m NOK → +1.57m NOK (op. margin 1.0% → 0.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 28.24bn NOK → 17.61bn NOK (-37.6% YoY). Calculated