Org.nr 913 915 062 2016 → 2017 Year-over-year analysis

AKER BIOMARINE ASA: årsregnskap 2017 vs 2016

Grew 23% on revenue, cash halved-plus

approved 2018-02-26; registry 2018-07-24; journal 2018 754397

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for AKER BIOMARINE ASA. Revenue 6.60m NOK → 8.13m NOK (+23.1%). Net result -13.87m NOK → -11.18m NOK. Equity 184.73m NOK → 176.59m NOK.

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

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

Scorecard

Revenue
6.60m NOK 8.13m NOK
+23.1%
Net result
-13.87m NOK -11.18m NOK
+19.4%
Equity
184.73m NOK 176.59m NOK
-4.4%
Cash
134.0k NOK 166 NOK
-99.9%
Total assets
328.35m NOK 430.9k NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.60m NOK to 8.13m NOK (+23.1% YoY). Calculated

  • ↑

    Net result improved

    Net result -13.87m NOK → -11.18m NOK (net margin -210.1% → -137.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 7.29m NOK → 4.60m NOK (110% → 57% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 184.73m NOK → 176.59m NOK (equity ratio 56.3% → 40977.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 134.0k NOK → 166 NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 323.45m NOK → 410.8k NOK. Reported fact