Org.nr 913 915 062 2017 → 2018 Year-over-year analysis

AKER BIOMARINE ASA: årsregnskap 2018 vs 2017

Grew 41% on revenue, stronger earnings

approved 2019-03-21; registry 2019-10-16; journal 2019 940255

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AKER BIOMARINE ASA. Revenue 8.13m NOK → 11.47m NOK (+41.1%). Net result -11.18m NOK → -4.49m NOK. Equity 176.59m NOK → 292.7k NOK.

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

Also worth watching: paid-in equity reduced; payroll increased; book investments changed. All figures are taken from the published annual accounts for AKER BIOMARINE ASA.

Scorecard

Revenue
8.13m NOK 11.47m NOK
+41.1%
Net result
-11.18m NOK -4.49m NOK
+59.9%
Equity
176.59m NOK 292.7k NOK
-99.8%
Cash
166 NOK 215 NOK
+29.5%
Total assets
430.9k NOK 488.2k NOK
+13.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.13m NOK to 11.47m NOK (+41.1% YoY). Calculated

  • ↑

    Net result improved

    Net result -11.18m NOK → -4.49m NOK (net margin -137.5% → -39.1%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 176.59m NOK → 292.7k NOK (equity ratio 40977.3% → 59.9%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 199.33m NOK → 324.4k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 4.60m NOK → 5.94m NOK (57% → 52% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 410.8k NOK → 469.9k NOK. Reported fact