Org.nr 913 748 174 2015 → 2016 Year-over-year analysis

AKER SOLUTIONS ASA: årsregnskap 2016 vs 2015

Grew 30% on revenue, weaker earnings

approved 2017-03-22; registry 2017-07-04; journal 2017 579275

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for AKER SOLUTIONS ASA. Revenue 23.00m NOK → 30.00m NOK (+30.4%). Net result +390.00m NOK → +38.00m NOK. Equity 3.46bn NOK → 3.30bn NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: paid-in equity reduced; payroll increased; cogs fell. All figures are taken from the published annual accounts for AKER SOLUTIONS ASA.

Scorecard

Revenue
23.00m NOK 30.00m NOK
+30.4%
Operating result
-94.00m NOK -69.00m NOK
+26.6%
Net result
+390.00m NOK +38.00m NOK
-90.3%
Equity
3.46bn NOK 3.30bn NOK
-4.6%
Cash
2.69bn NOK 1.46bn NOK
-45.7%
Total assets
17.52bn NOK 14.04bn NOK
-19.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 23.00m NOK to 30.00m NOK (+30.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -94.00m NOK → -69.00m NOK (op. margin -408.7% → -230.0%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +390.00m NOK → +38.00m NOK (net margin 1695.7% → 126.7%). Calculated

  • ↓

    Equity eroded

    Book equity 3.46bn NOK → 3.30bn NOK (equity ratio 19.7% → 23.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.69bn NOK → 1.46bn NOK (-45.7% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 3.46bn NOK → 3.33bn NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 11.75m NOK → 9.47bn NOK (51% → 31583% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 12.98bn NOK → 10.37bn NOK (-20.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 11.34bn NOK → 11.33bn NOK. Reported fact