AKER P-DRIFT AS: årsregnskap 2016 vs 2015
Weaker earnings
approved 2017-06-30; registry 2017-11-14; journal 2017 894709
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AKER P-DRIFT AS. Revenue 29.12m NOK → 30.36m NOK (+4.3%). Net result +291.28bn NOK → +1.41bn NOK. Equity 995.9k NOK → 407.8k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for AKER P-DRIFT AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 29.12m NOK to 30.36m NOK (+4.3% YoY). Calculated
-
↑
Cash rose
Bank deposits 3.21m NOK → 5.47m NOK (+70.5% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +302.63bn NOK → +1.68bn NOK (op. margin 1039182.9% → 5527.1%). Calculated
-
↓
Net result weakened
Net result +291.28bn NOK → +1.41bn NOK (net margin 1000192.2% → 4649.8%). Calculated
-
↓
Equity eroded
Book equity 995.9k NOK → 407.8k NOK (equity ratio 11.3% → 4.5%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.02× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 4.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS moved
COGS / varekostnad 11.38m NOK → 11.62m NOK (+2.1% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 7 390 NOK → 23.0k NOK. Reported fact