Org.nr 991 368 965 2019 → 2020 Year-over-year analysis

AKER HOLDING AS: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-03-19; registry 2021-04-27; journal 2021 207592

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AKER HOLDING AS. Net result -1.99bn NOK → +1.56bn NOK. Equity 5.00bn NOK → 3.42bn NOK.

On the constructive side: turned profitable; current ratio back above 1×. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AKER HOLDING AS.

Scorecard

Operating result
-2.01m NOK -2.07m NOK
-3.1%
Net result
-1.99bn NOK +1.56bn NOK
+178.4%
Equity
5.00bn NOK 3.42bn NOK
-31.7%
Cash
9.72m NOK 5.87m NOK
-39.6%
Total assets
5.06bn NOK 3.42bn NOK
-32.4%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.99bn NOK to a profit of 1.56bn NOK. Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.17× → 2.08×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -2.01m NOK → -2.07m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 5.00bn NOK → 3.42bn NOK (equity ratio 98.9% → 99.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 9.72m NOK → 5.87m NOK (-39.6% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 4.23bn NOK → 3.42bn NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 5.05bn NOK → 3.41bn NOK. Reported fact