EQUINOR ASA: årsregnskap 2017 vs 2016
Grew 55% on revenue, returned to profit, fresh owner capital
approved 2018-05-15; registry 2018-06-04; journal 2018 391717
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for EQUINOR ASA. Revenue 28.85bn NOK → 44.80bn NOK (+55.3%). Net result -2.90bn NOK → +4.60bn NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for EQUINOR ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 28.85bn NOK to 44.80bn NOK (+55.3% YoY). Calculated
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↑
Operating result improved
Operating result +80.00m NOK → +13.77bn NOK (op. margin 0.3% → 30.7%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 2.90bn NOK to a profit of 4.60bn NOK. Calculated
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↑
Owners injected capital
Paid-in equity rose 4.52bn NOK → 5.88bn NOK (+1.36bn NOK). Reported fact
What deteriorated
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↓
Cash fell
Bank deposits 4.27bn NOK → 3.76bn NOK (-12.0% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 29.46bn NOK → 37.20bn NOK (+26.3% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 65.90bn NOK → 71.72bn NOK. Reported fact