AKER SOLUTIONS HOLDING AS: årsregnskap 2016 vs 2015
Grew 89129% on revenue, returned to profit, cash halved-plus
approved 2017-06-30; registry 2017-07-12; journal 2017 670919
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AKER SOLUTIONS HOLDING AS. Revenue 620.7k NOK → 553.87m NOK (+89128.8%). Net result -898.1k NOK → +593.61m NOK. Equity 9.52bn NOK → 10.45bn NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AKER SOLUTIONS HOLDING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 620.7k NOK to 553.87m NOK (+89128.8% YoY). Calculated
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Turned profitable
Net result flipped from a loss of 898.1k NOK to a profit of 593.61m NOK. Calculated
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Equity strengthened
Book equity 9.52bn NOK → 10.45bn NOK (equity ratio 96.9% → 91.9%). Calculated
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Owners injected capital
Paid-in equity rose 6.69bn NOK → 7.03bn NOK (+342.54m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -70.90m NOK → -133.35m NOK (op. margin -11421.4% → -24.1%). Calculated
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↓
Cash fell
Bank deposits 788.54m NOK → 307.11m NOK (-61.1% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (788.54m NOK → 307.11m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Book investments changed
Investment / intangible book value 8.70bn NOK → 9.51bn NOK. Reported fact