Org.nr 929 877 950 2020 → 2021 Year-over-year analysis

AKER SOLUTIONS AS: årsregnskap 2021 vs 2020

Grew 21% on revenue, returned to profit

registry 2022-08-11; journal 2022 804046

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AKER SOLUTIONS AS. Revenue 14.56bn NOK → 17.56bn NOK (+20.6%). Net result -239.95m NOK → +478.29m NOK. Equity 1.36bn NOK → 1.26bn NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded.

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

Scorecard

Revenue
14.56bn NOK 17.56bn NOK
+20.6%
Operating result
-317.1k NOK +508.40m NOK
+160405.2%
Net result
-239.95m NOK +478.29m NOK
+299.3%
Equity
1.36bn NOK 1.26bn NOK
-7.2%
Cash
1.10bn NOK 1.75bn NOK
+58.1%
Total assets
5.57bn NOK 6.99bn NOK
+25.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.56bn NOK to 17.56bn NOK (+20.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -317.1k NOK → +508.40m NOK (op. margin -0.0% → 2.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 239.95m NOK to a profit of 478.29m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 1.10bn NOK → 1.75bn NOK (+58.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.41bn NOK → 5.39bn NOK (37% → 31% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.36bn NOK → 1.26bn NOK (equity ratio 24.4% → 18.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 14.51m NOK → 4.15bn NOK. Reported fact