AKER SOLUTIONS AS: årsregnskap 2018 vs 2017
Grew 25% on revenue, weaker earnings
approved 2019-05-28; registry 2019-07-09; journal 2019 630549
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AKER SOLUTIONS AS. Revenue 13.34bn NOK → 16.66bn NOK (+24.9%). Net result +337.47m NOK → +531.7k NOK. Equity 2.14bn NOK → 1.72bn NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKER SOLUTIONS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 13.34bn NOK to 16.66bn NOK (+24.9% YoY). Calculated
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↑
Operating result improved
Operating result +454.8k NOK → +684.4k NOK (op. margin 0.0% → 0.0%). Calculated
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↑
Cash rose
Bank deposits 2.07bn NOK → 2.93bn NOK (+41.5% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +337.47m NOK → +531.7k NOK (net margin 2.5% → 0.0%). Calculated
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↓
Equity eroded
Book equity 2.14bn NOK → 1.72bn NOK (equity ratio 27.4% → 21.2%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 18.41m NOK → 15.71m NOK. Reported fact