Org.nr 945 883 294 2015 → 2016 Year-over-year analysis

SOLSTAD OFFSHORE ASA: årsregnskap 2016 vs 2015

Grew 14% on revenue

approved 2017-05-10; registry 2017-07-13; journal 2017 673369

Summary

What changed

Comparing Årsregnskap 2016 with 2015 for SOLSTAD OFFSHORE ASA. Revenue 2.01m NOK → 2.29m NOK (+14.1%). Equity 3.32bn NOK → 3.44bn NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for SOLSTAD OFFSHORE ASA.

At a glance

Revenue

2.01m NOK 2.29m NOK

+14.1%

Net result

n/m -826.51m NOK

—

Equity

3.32bn NOK 3.44bn NOK

+3.7%

Cash

90.22m NOK 516.40m NOK

+472.4%

Total assets

5.25bn NOK 4.77bn NOK

-9.1%

↑
Revenue rose

Operating income / revenue moved from 2.01m NOK to 2.29m NOK (+14.1% YoY). Calculated
↑
Equity strengthened

Book equity 3.32bn NOK → 3.44bn NOK (equity ratio 63.1% → 72.1%). Calculated
↑
Cash rose

Bank deposits 90.22m NOK → 516.40m NOK (+472.4% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 11.30m NOK → 11.91m NOK (+611.7k NOK). Reported fact

·
Payroll increased

Salary cost 6.73m NOK → 7.45m NOK (335% → 326% of revenue). Calculated
·
Book investments changed

Investment / intangible book value 5.10bn NOK → 4.20bn NOK. Reported fact