AKER BP ASA: årsregnskap 2011 vs 2010
Shrank 100% on revenue, stronger earnings, cash halved-plus
approved 2012-04-19; journal 2012 394408
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AKER BP ASA. Revenue 365.97bn NOK → 437.5k NOK (-100.0%). Net result -690.35m NOK → -370.26m NOK. Equity 3.06bn NOK → 3.68bn NOK.
On the constructive side: net result improved; equity strengthened; owners injected capital. Pressures included: revenue fell; cash fell.
Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for AKER BP ASA.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result -690.35m NOK → -370.26m NOK (net margin -0.2% → -84622.7%). Calculated
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↑
Equity strengthened
Book equity 3.06bn NOK → 3.68bn NOK (equity ratio 38.9% → 47.6%). Calculated
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↑
Owners injected capital
Paid-in equity rose 1.30bn NOK → 2.21bn NOK (+915.05m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 365.97bn NOK to 437.5k NOK (-100.0% YoY). Calculated
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↓
Cash fell
Bank deposits 789.33m NOK → 841.6k NOK (-99.9% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (789.33m NOK → 841.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 1194079000.93bn NOK → 8 NOK (-100.0% YoY). Calculated
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Book investments changed
Investment / intangible book value 567.76m NOK → 18.43m NOK. Reported fact