Org.nr 913 748 174 2018 → 2019 Year-over-year analysis

AKER SOLUTIONS ASA: årsregnskap 2019 vs 2018

Weaker earnings

approved 2020-03-24; registry 2020-07-11; journal 2020 563871

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AKER SOLUTIONS ASA. Revenue 25.00m NOK → 26.00m NOK (+4.0%). Net result +446.00m NOK → +96.00m NOK. Equity 2.87bn NOK → 4.01bn NOK.

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

Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for AKER SOLUTIONS ASA.

Scorecard

Revenue
25.00m NOK 26.00m NOK
+4.0%
Operating result
+1.05m NOK -48.00m NOK
-4675.8%
Net result
+446.00m NOK +96.00m NOK
-78.5%
Equity
2.87bn NOK 4.01bn NOK
+39.8%
Cash
1.26m NOK 264.00m NOK
+20852.4%
Total assets
13.84bn NOK 12.94bn NOK
-6.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 25.00m NOK to 26.00m NOK (+4.0% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.87bn NOK → 4.01bn NOK (equity ratio 20.7% → 31.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.26m NOK → 264.00m NOK (+20852.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.05m NOK → -48.00m NOK (op. margin 4.2% → -184.6%). Calculated

  • ↓

    Net result weakened

    Net result +446.00m NOK → +96.00m NOK (net margin 1784.0% → 369.2%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 2.87bn NOK → 294.00m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 9.53bn NOK → 10.55bn NOK (38136% → 40588% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 10.56bn NOK → 13.45bn NOK (+27.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 11.47bn NOK → 11.49bn NOK. Reported fact