FirmaIQ
Org.nr 989 795 848 2018 → 2019 Year-over-year analysis

AKER BP ASA: årsregnskap 2019 vs 2018

Shrank 11% on revenue, stronger earnings

approved 2020-03-19; registry 2020-05-12; journal 2020 347936

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AKER BP ASA. Revenue 3.75bn NOK → 3.35bn NOK (-10.7%). Net result +451.3k NOK → +141.05m NOK. Equity 2.99bn NOK → 2.37bn NOK.

On the constructive side: net result improved; cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKER BP ASA.

At a glance

Scorecard

Revenue
3.75bn NOK 3.35bn NOK
-10.7%
Operating result
+1.98bn NOK +1.33bn NOK
-32.8%
Net result
+451.3k NOK +141.05m NOK
+31153.1%
Equity
2.99bn NOK 2.37bn NOK
-20.8%
Cash
44.94m NOK 107.10m NOK
+138.3%
Total assets
10.78bn NOK 12.23bn NOK
+13.5%

What improved

  • ↑

    Net result improved

    Net result +451.3k NOK → +141.05m NOK (net margin 0.0% → 4.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 44.94m NOK → 107.10m NOK (+138.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.75bn NOK to 3.35bn NOK (-10.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.98bn NOK → +1.33bn NOK (op. margin 52.7% → 39.7%). Calculated

  • ↓

    Equity eroded

    Book equity 2.99bn NOK → 2.37bn NOK (equity ratio 27.7% → 19.4%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 47.98m NOK → 40.49m NOK. Reported fact