Org.nr 989 795 848 2020 → 2021 Year-over-year analysis

AKER BP ASA: årsregnskap 2021 vs 2020

Grew 90% on revenue, stronger earnings

approved 2022-03-08; registry 2022-06-04; journal 2022 307437

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AKER BP ASA. Revenue 2.98bn NOK → 5.67bn NOK (+90.3%). Net result +44.72m NOK → +850.71m NOK. Equity 1.99bn NOK → 2.34bn NOK.

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

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

Scorecard

Revenue
2.98bn NOK 5.67bn NOK
+90.3%
Operating result
+432.79m NOK +3.31m NOK
-99.2%
Net result
+44.72m NOK +850.71m NOK
+1802.5%
Equity
1.99bn NOK 2.34bn NOK
+17.8%
Cash
537.8k NOK 1.97m NOK
+266.5%
Total assets
12.42bn NOK 14.47bn NOK
+16.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.98bn NOK to 5.67bn NOK (+90.3% YoY). Calculated

  • ↑

    Net result improved

    Net result +44.72m NOK → +850.71m NOK (net margin 1.5% → 15.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.99bn NOK → 2.34bn NOK (equity ratio 16.0% → 16.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 537.8k NOK → 1.97m NOK (+266.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 1.20×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +432.79m NOK → +3.31m NOK (op. margin 14.5% → 0.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 72.14m NOK → 105.03m NOK. Reported fact