FirmaIQ
Org.nr 913 915 062 2015 → 2016 Year-over-year analysis

AKER BIOMARINE ASA: årsregnskap 2016 vs 2015

Slipped into loss, cash halved-plus

approved 2017-03-03; registry 2017-06-19; journal 2017 472161

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for AKER BIOMARINE ASA. Revenue 6.94m NOK → 6.60m NOK (-4.8%). Net result +805.0k NOK → -13.87m NOK. Equity 198.61m NOK → 184.73m NOK.

Pressures included: revenue fell; fell into a net loss; equity eroded.

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

At a glance

Scorecard

Revenue
6.94m NOK 6.60m NOK
-4.8%
Net result
+805.0k NOK -13.87m NOK
-1823.2%
Equity
198.61m NOK 184.73m NOK
-7.0%
Cash
583.0k NOK 134.0k NOK
-77.0%
Total assets
343.62m NOK 328.35m NOK
-4.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.94m NOK to 6.60m NOK (-4.8% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 805.0k NOK profit to a loss of 13.87m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 198.61m NOK → 184.73m NOK (equity ratio 57.8% → 56.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 583.0k NOK → 134.0k NOK (-77.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3.98m NOK → 7.29m NOK (57% → 110% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 335.90m NOK → 323.45m NOK. Reported fact