Org.nr 913 748 174 2014 → 2015 Year-over-year analysis

AKER SOLUTIONS ASA: årsregnskap 2015 vs 2014

Grew 127777678% on revenue, weaker earnings, fresh owner capital

approved 2016-03-10; registry 2016-09-07; journal 2016 916065

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2015 with 2014 for AKER SOLUTIONS ASA. Revenue 18 NOK → 23.00m NOK (+127777677.8%). Net result +1.28bn NOK → +390.00m NOK. Equity 3.67bn NOK → 3.46bn NOK.

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

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

Scorecard

Revenue
18 NOK 23.00m NOK
+127777677.8%
Operating result
-147 NOK -94.00m NOK
-63945478.2%
Net result
+1.28bn NOK +390.00m NOK
-69.5%
Equity
3.67bn NOK 3.46bn NOK
-5.7%
Cash
1 717 NOK 2.69bn NOK
+156843231.4%
Total assets
17.28bn NOK 17.52bn NOK
+1.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 18 NOK to 23.00m NOK (+127777677.8% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 1 717 NOK → 2.69bn NOK (+156843231.4% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 3 669 NOK → 3.46bn NOK (+3.46bn NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 11.17bn NOK → 11.75m NOK (62061111111% → 51% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -147 NOK → -94.00m NOK (op. margin -816.7% → -408.7%). Calculated

  • ↓

    Net result weakened

    Net result +1.28bn NOK → +390.00m NOK (net margin 7111111111.1% → 1695.7%). Calculated

  • ↓

    Equity eroded

    Book equity 3.67bn NOK → 3.46bn NOK (equity ratio 21.2% → 19.7%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 549497.85× → 0.53× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 13.56bn NOK → 12.98bn NOK (-4.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 11.1k NOK → 11.34bn NOK. Reported fact