AKER ASA: årsregnskap 2021 vs 2020
Grew 35% on revenue, stronger earnings, cash halved-plus
approved 2022-04-26; registry 2022-06-11; journal 2022 330123
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AKER ASA. Revenue 6.81bn NOK → 9.17bn NOK (+34.6%). Net result +4.80m NOK → +3.47bn NOK. Equity 22.51bn NOK → 24.04bn NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: sharp cash drawdown; payroll increased; cogs fell. 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 6.81bn NOK to 9.17bn NOK (+34.6% YoY). Calculated
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Net result improved
Net result +4.80m NOK → +3.47bn NOK (net margin 0.1% → 37.9%). Calculated
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Equity strengthened
Book equity 22.51bn NOK → 24.04bn NOK (equity ratio 77.3% → 74.1%). Calculated
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Current ratio back above 1×
Current ratio 0.76× → 1.44×. Calculated
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Owners injected capital
Paid-in equity rose 2.32bn NOK → 2.33bn NOK (+3.00m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -261.00m NOK → -312.00m NOK (op. margin -3.8% → -3.4%). Calculated
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Cash fell
Bank deposits 645.00m NOK → 105.00m NOK (-83.7% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (645.00m NOK → 105.00m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Payroll increased
Salary cost 109.00m NOK → 2.50bn NOK (2% → 27% of revenue). Calculated
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COGS fell
COGS / varekostnad 1.02bn NOK → 3.30m NOK (-99.7% YoY). Calculated
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Book investments changed
Investment / intangible book value 28.30bn NOK → 29.24bn NOK. Reported fact