AKER CAPITAL AS: årsregnskap 2021 vs 2020
Returned to profit, cash halved-plus
approved 2022-04-21; registry 2022-05-18; journal 2022 233720
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AKER CAPITAL AS. Net result -406.00m NOK → +11.35bn NOK. Equity 19.73bn NOK → 28.08bn NOK.
On the constructive side: turned profitable; equity strengthened. Pressures included: operating result weakened; cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AKER CAPITAL AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 406.00m NOK to a profit of 11.35bn NOK. Calculated
-
↑
Equity strengthened
Book equity 19.73bn NOK → 28.08bn NOK (equity ratio 80.0% → 79.8%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -43.00m NOK → -81.00m NOK. Calculated
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↓
Cash fell
Bank deposits 12.63bn NOK → 12 NOK (-100.0% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 9.39× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (12.63bn NOK → 12 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 20 NOK → 30.75bn NOK. Reported fact