AKER HOLDING AS: årsregnskap 2018 vs 2017
Slipped into loss
approved 2019-05-03; registry 2019-05-23; journal 2019 350329
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AKER HOLDING AS. Net result +2 017 NOK → -1.50bn NOK. Equity 8.65bn NOK → 7.05bn NOK.
On the constructive side: cash rose. Pressures included: fell into a net loss; equity eroded; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKER HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 1.37m NOK → 1.42m NOK (+3.6% YoY). Calculated
What deteriorated
-
↓
Fell into a net loss
Net result flipped from 2 017 NOK profit to a loss of 1.50bn NOK. Calculated
-
↓
Equity eroded
Book equity 8.65bn NOK → 7.05bn NOK (equity ratio 100.0% → 98.6%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.05× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 8.65bn NOK → 7.15bn NOK. Reported fact