FirmaIQ
Org.nr 913 192 192 2016 → 2017 Year-over-year analysis

AKER SOLUTIONS HOLDING AS: årsregnskap 2017 vs 2016

Shrank 52% on revenue, cash halved-plus

approved 2018-06-29; registry 2018-07-21; journal 2018 743235

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AKER SOLUTIONS HOLDING AS. Revenue 553.87m NOK → 263.18m NOK (-52.5%). Equity 10.45bn NOK → 11.23bn NOK.

On the constructive side: operating result improved; equity strengthened; owners injected capital. Pressures included: revenue fell; 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

Revenue
553.87m NOK 263.18m NOK
-52.5%
Operating result
-133.35m NOK -35.62m NOK
+73.3%
Net result
+593.61m NOK n/m
—
Equity
10.45bn NOK 11.23bn NOK
+7.4%
Cash
307.11m NOK 1.08m NOK
-99.6%
Total assets
11.37bn NOK 12.06bn NOK
+6.0%

What improved

  • ↑

    Operating result improved

    Operating result -133.35m NOK → -35.62m NOK (op. margin -24.1% → -13.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 10.45bn NOK → 11.23bn NOK (equity ratio 91.9% → 93.1%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 7.03bn NOK → 7.45bn NOK (+420.00m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 553.87m NOK to 263.18m NOK (-52.5% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 307.11m NOK → 1.08m NOK (-99.6% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (307.11m NOK → 1.08m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 9.51bn NOK → 9.38bn NOK. Reported fact