Org.nr 913 748 174 2022 → 2023 Year-over-year analysis

AKER SOLUTIONS ASA: årsregnskap 2023 vs 2022

Shrank 100% on revenue, returned to profit, cash halved-plus

approved 2024-04-11; registry 2024-06-05; journal 2024 418920

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AKER SOLUTIONS ASA. Revenue 33.00m NOK → 41 NOK (-100.0%). Net result -107.00m NOK → +9.26bn NOK.

On the constructive side: operating result improved; turned profitable; current ratio back above 1×. Pressures included: revenue fell; cash fell.

Also worth watching: sharp cash drawdown; paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for AKER SOLUTIONS ASA.

Scorecard

Revenue
33.00m NOK 41 NOK
-100.0%
Operating result
-47.00m NOK -46 NOK
+100.0%
Net result
-107.00m NOK +9.26bn NOK
+8756.1%
Equity
7.00bn NOK n/m
—
Cash
4.92bn NOK 4 997 NOK
-100.0%
Total assets
22.62bn NOK 34.96bn NOK
+54.5%

What improved

  • ↑

    Operating result improved

    Operating result -47.00m NOK → -46 NOK (op. margin -142.4% → -112.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 107.00m NOK to a profit of 9.26bn NOK. Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.37× → 923598.37×. Calculated

  • ↑

    Payroll decreased

    Salary cost 12.10bn NOK → 10.8k NOK (36673% → 26237% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 33.00m NOK to 41 NOK (-100.0% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 4.92bn NOK → 4 997 NOK (-100.0% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (4.92bn NOK → 4 997 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 4.22bn NOK → 4 219 NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 22.36bn NOK → 20.8k NOK (-100.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 25.00m NOK → 16.4k NOK. Reported fact