Org.nr 929 877 950 2021 → 2022 Year-over-year analysis

AKER SOLUTIONS AS: årsregnskap 2022 vs 2021

Grew 102% on revenue, weaker earnings, fresh owner capital

registry 2023-07-01; journal 2023 531686

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AKER SOLUTIONS AS. Revenue 17.56bn NOK → 35.42bn NOK (+101.7%). Net result +478.29m NOK → +1.09m NOK. Equity 1.26bn NOK → 4.85bn NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

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

Scorecard

Revenue
17.56bn NOK 35.42bn NOK
+101.7%
Operating result
+508.40m NOK +1.28m NOK
-99.7%
Net result
+478.29m NOK +1.09m NOK
-99.8%
Equity
1.26bn NOK 4.85bn NOK
+284.0%
Cash
1.75bn NOK 7.65bn NOK
+338.3%
Total assets
6.99bn NOK 16.84bn NOK
+141.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 17.56bn NOK to 35.42bn NOK (+101.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.26bn NOK → 4.85bn NOK (equity ratio 18.1% → 28.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.75bn NOK → 7.65bn NOK (+338.3% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.99bn NOK → 5.01bn NOK (+3.02bn NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +508.40m NOK → +1.28m NOK (op. margin 2.9% → 0.0%). Calculated

  • ↓

    Net result weakened

    Net result +478.29m NOK → +1.09m NOK (net margin 2.7% → 0.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 5.39bn NOK → 8.68bn NOK (31% → 25% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 9.53bn NOK → 22.22bn NOK (+133.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 4.15bn NOK → 97.22m NOK. Reported fact