AKER SOLUTIONS AS: årsregnskap 2019 vs 2018
Grew 13% on revenue, stronger earnings
approved 2020-06-04; registry 2020-08-13; journal 2020 671362
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AKER SOLUTIONS AS. Revenue 16.66bn NOK → 18.90bn NOK (+13.5%). Net result +531.7k NOK → +243.27m NOK. Equity 1.72bn NOK → 1.59bn NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
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 16.66bn NOK to 18.90bn NOK (+13.5% YoY). Calculated
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↑
Operating result improved
Operating result +684.4k NOK → +203.92m NOK (op. margin 0.0% → 1.1%). Calculated
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↑
Net result improved
Net result +531.7k NOK → +243.27m NOK (net margin 0.0% → 1.3%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 1.72bn NOK → 1.59bn NOK (equity ratio 21.2% → 19.4%). Calculated
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↓
Cash fell
Bank deposits 2.93bn NOK → 1.94bn NOK (-33.8% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 15.71m NOK → 15.29m NOK. Reported fact