AKER SOLUTIONS ASA: årsregnskap 2017 vs 2016
Shrank 43% on revenue, stronger earnings, cash halved-plus
approved 2018-03-21; registry 2018-07-02; journal 2018 590808
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AKER SOLUTIONS ASA. Revenue 30.00m NOK → 17.00m NOK (-43.3%). Net result +38.00m NOK → +718.00m NOK. Equity 3.30bn NOK → 3.13bn NOK.
On the constructive side: net result improved; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for AKER SOLUTIONS ASA.
At a glance
Scorecard
What improved
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Net result improved
Net result +38.00m NOK → +718.00m NOK (net margin 126.7% → 4223.5%). Calculated
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Payroll decreased
Salary cost 9.47bn NOK → 9.29bn NOK (31583% → 54647% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 30.00m NOK to 17.00m NOK (-43.3% YoY). Calculated
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Operating result weakened
Operating result -69.00m NOK → -73.00m NOK (op. margin -230.0% → -429.4%). Calculated
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Equity eroded
Book equity 3.30bn NOK → 3.13bn NOK (equity ratio 23.5% → 24.2%). Calculated
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Cash fell
Bank deposits 1.46bn NOK → 635.00m NOK (-56.5% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 3.33bn NOK → 3.14bn NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS fell
COGS / varekostnad 10.37bn NOK → 8.36bn NOK (-19.4% YoY). Calculated
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Book investments changed
Investment / intangible book value 11.33bn NOK → 11.74bn NOK. Reported fact