Org.nr 913 748 174 2020 → 2021 Year-over-year analysis

AKER SOLUTIONS ASA: årsregnskap 2021 vs 2020

Shrank 19% on revenue, returned to profit, fresh owner capital

approved 2022-03-04; registry 2022-06-21; journal 2022 475375

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AKER SOLUTIONS ASA. Revenue 43.00m NOK → 35.00m NOK (-18.6%). Net result -163.00m NOK → +808.00m NOK. Equity 6.87bn NOK → 7.51bn NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; cogs moved.

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

Scorecard

Revenue
43.00m NOK 35.00m NOK
-18.6%
Operating result
-20.00m NOK -27.00m NOK
-35.0%
Net result
-163.00m NOK +808.00m NOK
+595.7%
Equity
6.87bn NOK 7.51bn NOK
+9.3%
Cash
1.77m NOK 3.21bn NOK
+181893.2%
Total assets
21.07bn NOK 21.14bn NOK
+0.3%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 163.00m NOK to a profit of 808.00m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 6.87bn NOK → 7.51bn NOK (equity ratio 32.6% → 35.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.77m NOK → 3.21bn NOK (+181893.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 4.22m NOK → 4.22bn NOK (+4.21bn NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 11.29bn NOK → 10.63bn NOK (26258% → 30380% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 43.00m NOK to 35.00m NOK (-18.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -20.00m NOK → -27.00m NOK (op. margin -46.5% → -77.1%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 13.09bn NOK → 13.85bn NOK (+5.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 17.28bn NOK → 17.22bn NOK. Reported fact