Org.nr 989 795 848 2016 → 2017 Year-over-year analysis

AKER BP ASA: årsregnskap 2017 vs 2016

Shrank 100% on revenue, cash halved-plus

approved 2018-03-08; registry 2018-06-28; journal 2018 564528

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AKER BP ASA. Revenue 1.36bn NOK → 2.56m NOK (-99.8%). Equity 2.45m NOK → 2.99bn NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; cash fell.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AKER BP ASA.

At a glance

Revenue

1.36bn NOK 2.56m NOK

-99.8%

Operating result

n/m +1.01bn NOK

—

Net result

n/m +299.95m NOK

—

Equity

2.45m NOK 2.99bn NOK

+121923.0%

Cash

115.29m NOK 232.5k NOK

-99.8%

Total assets

10.91bn NOK 12.02bn NOK

+10.1%

↑
Equity strengthened

Book equity 2.45m NOK → 2.99bn NOK (equity ratio 0.0% → 24.9%). Calculated
↑
Owners injected capital

Paid-in equity rose 3.20bn NOK → 3.69bn NOK (+489.44m NOK). Reported fact

↓
Revenue fell

Operating income / revenue moved from 1.36bn NOK to 2.56m NOK (-99.8% YoY). Calculated
↓
Cash fell

Bank deposits 115.29m NOK → 232.5k NOK (-99.8% YoY). Calculated

·
Sharp cash drawdown

Cash fell by more than 60% YoY (115.29m NOK → 232.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
·
Book investments changed

Investment / intangible book value 1.98m NOK → 1.65bn NOK. Reported fact