FirmaIQ
Org.nr 913 192 192 2018 → 2019 Year-over-year analysis

AKER SOLUTIONS HOLDING AS: årsregnskap 2019 vs 2018

Weaker earnings, cash halved-plus

approved 2020-07-13; registry 2020-08-03; journal 2020 618224

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AKER SOLUTIONS HOLDING AS. Revenue 259.90m NOK → 248.94m NOK (-4.2%). Net result +235.54m NOK → +387.2k NOK. Equity 10.06bn NOK → 10.69bn NOK.

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

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

At a glance

Scorecard

Revenue
259.90m NOK 248.94m NOK
-4.2%
Operating result
n/m -80.90m NOK
—
Net result
+235.54m NOK +387.2k NOK
-99.8%
Equity
10.06bn NOK 10.69bn NOK
+6.2%
Cash
1.28bn NOK 334.01m NOK
-74.0%
Total assets
11.64bn NOK 11.02bn NOK
-5.3%

What improved

  • ↑

    Equity strengthened

    Book equity 10.06bn NOK → 10.69bn NOK (equity ratio 86.5% → 97.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 259.90m NOK to 248.94m NOK (-4.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result +235.54m NOK → +387.2k NOK (net margin 90.6% → 0.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.28bn NOK → 334.01m NOK (-74.0% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.28bn NOK → 334.01m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 63.86m NOK → 3.21bn NOK. Reported fact