Org.nr 929 877 950 2015 → 2016 Year-over-year analysis

AKER SOLUTIONS AS: årsregnskap 2016 vs 2015

Shrank 100% on revenue, returned to profit, fresh owner capital

approved 2017-05-24; registry 2017-07-19; journal 2017 722898

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for AKER SOLUTIONS AS. Revenue 8.71bn NOK → 14.08m NOK (-99.8%). Net result -230.07m NOK → +95.81m NOK. Equity 1.29m NOK → 1.89bn NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKER SOLUTIONS AS.

Scorecard

Revenue
8.71bn NOK 14.08m NOK
-99.8%
Operating result
n/m +128.8k NOK
—
Net result
-230.07m NOK +95.81m NOK
+141.6%
Equity
1.29m NOK 1.89bn NOK
+146477.2%
Cash
1.36bn NOK 2.61bn NOK
+91.7%
Total assets
8.24bn NOK 8.18bn NOK
-0.7%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 230.07m NOK to a profit of 95.81m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.29m NOK → 1.89bn NOK (equity ratio 0.0% → 23.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.36bn NOK → 2.61bn NOK (+91.7% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.02m NOK → 1.99bn NOK (+1.99bn NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.71bn NOK to 14.08m NOK (-99.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.41m NOK → 12.06m NOK (0% → 86% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.35m NOK → 17.47m NOK. Reported fact