Org.nr 989 795 848 2009 → 2010 Year-over-year analysis

AKER BP ASA: årsregnskap 2010 vs 2009

Grew 138101886792% on revenue, weaker earnings

approved 2011-03-23; registry 2011-06-29; journal 2011 450715

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for AKER BP ASA. Revenue 265 NOK → 365.97bn NOK (+138101886792.5%). Net result -520.70m NOK → -690.35m NOK. Equity 3.86bn NOK → 3.06bn NOK.

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

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

Scorecard

Revenue
265 NOK 365.97bn NOK
+138101886792.5%
Operating result
-1.44bn NOK -1.59bn NOK
-10.8%
Net result
-520.70m NOK -690.35m NOK
-32.6%
Equity
3.86bn NOK 3.06bn NOK
-20.8%
Cash
1.20bn NOK 789.33m NOK
-34.1%
Total assets
6.98bn NOK 7.86bn NOK
+12.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 265 NOK to 365.97bn NOK (+138101886792.5% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 11.83m NOK → 14.8k NOK (4463019% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -1.44bn NOK → -1.59bn NOK (op. margin -541522641.5% → -0.4%). Calculated

  • ↓

    Net result weakened

    Net result -520.70m NOK → -690.35m NOK (net margin -196489056.6% → -0.2%). Calculated

  • ↓

    Equity eroded

    Book equity 3.86bn NOK → 3.06bn NOK (equity ratio 55.3% → 38.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.20bn NOK → 789.33m NOK (-34.1% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.31bn NOK → 1.30bn NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1.11bn NOK → 567.76m NOK. Reported fact