Org.nr 989 795 848 2015 → 2016 Year-over-year analysis

AKER BP ASA: årsregnskap 2016 vs 2015

Grew 111549% on revenue, fresh owner capital

approved 2017-03-02; registry 2017-07-04; journal 2017 590963

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for AKER BP ASA. Revenue 1.22m NOK → 1.36bn NOK (+111548.9%). Equity 339.03m NOK → 2.45m NOK.

On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AKER BP ASA.

Scorecard

Revenue
1.22m NOK 1.36bn NOK
+111548.9%
Net result
-312.65m NOK n/m
—
Equity
339.03m NOK 2.45m NOK
-99.3%
Cash
79.30m NOK 115.29m NOK
+45.4%
Total assets
5.36bn NOK 10.91bn NOK
+103.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.22m NOK to 1.36bn NOK (+111548.9% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 79.30m NOK → 115.29m NOK (+45.4% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.64bn NOK → 3.20bn NOK (+1.56bn NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 339.03m NOK → 2.45m NOK (equity ratio 6.3% → 0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 234.10m NOK → 1.98m NOK. Reported fact