FirmaIQ
Org.nr 929 877 950 2019 → 2020 Year-over-year analysis

AKER SOLUTIONS AS: årsregnskap 2020 vs 2019

Shrank 23% on revenue, slipped into loss

registry 2021-08-04; journal 2021 575460

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AKER SOLUTIONS AS. Revenue 18.90bn NOK → 14.56bn NOK (-22.9%). Net result +243.27m NOK → -239.95m NOK. Equity 1.59bn NOK → 1.36bn NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AKER SOLUTIONS AS.

At a glance

Scorecard

Revenue
18.90bn NOK 14.56bn NOK
-22.9%
Operating result
+203.92m NOK -317.1k NOK
-100.2%
Net result
+243.27m NOK -239.95m NOK
-198.6%
Equity
1.59bn NOK 1.36bn NOK
-14.1%
Cash
1.94bn NOK 1.10bn NOK
-43.1%
Total assets
8.18bn NOK 5.57bn NOK
-31.8%

What improved

  • ↑

    Payroll decreased

    Salary cost 6.07bn NOK → 5.41bn NOK (32% → 37% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 18.90bn NOK to 14.56bn NOK (-22.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +203.92m NOK → -317.1k NOK (op. margin 1.1% → -0.0%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 243.27m NOK profit to a loss of 239.95m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.59bn NOK → 1.36bn NOK (equity ratio 19.4% → 24.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.94bn NOK → 1.10bn NOK (-43.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 15.29m NOK → 14.51m NOK. Reported fact