AKER ASA: årsregnskap 2018 vs 2017
Cash halved-plus
approved 2019-04-26; registry 2019-06-11; journal 2019 394848
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AKER ASA. Revenue 41.61bn NOK → 42.16bn NOK (+1.3%). Equity 20.08bn NOK → 20.15bn NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; cash fell.
Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for AKER ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 41.61bn NOK to 42.16bn NOK (+1.3% YoY). Calculated
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↑
Equity strengthened
Book equity 20.08bn NOK → 20.15bn NOK (equity ratio 70.6% → 65.8%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.86× → 1.57×. Calculated
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↑
Owners injected capital
Paid-in equity rose 2.33bn NOK → 2.33bn NOK (+1.00m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -257.00m NOK → -260.00m NOK (op. margin -0.6% → -0.6%). Calculated
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↓
Cash fell
Bank deposits 873.00m NOK → 1.31m NOK (-99.8% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (873.00m NOK → 1.31m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 12 NOK → 19177000000.17bn NOK (0% → 45483006428% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 17.22bn NOK → 17.87bn NOK (+3.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 4.00m NOK → 25.39bn NOK. Reported fact