FirmaIQ
Org.nr 923 609 016 2017 → 2018 Year-over-year analysis

EQUINOR ASA: årsregnskap 2018 vs 2017

Grew 33% on revenue, stronger earnings

approved 2019-05-15; registry 2019-07-09; journal 2019 653173

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for EQUINOR ASA. Revenue 44.80bn NOK → 59.40bn NOK (+32.6%). Net result +4.60bn NOK → +6.72bn NOK. Equity 38.79bn NOK → 41.81bn NOK.

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

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for EQUINOR ASA.

At a glance

Scorecard

Revenue
44.80bn NOK 59.40bn NOK
+32.6%
Operating result
+13.77bn NOK +7.80bn NOK
-43.3%
Net result
+4.60bn NOK +6.72bn NOK
+46.2%
Equity
38.79bn NOK 41.81bn NOK
+7.8%
Cash
3.76bn NOK 6.29bn NOK
+67.3%
Total assets
95.34bn NOK 97.05bn NOK
+1.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 44.80bn NOK to 59.40bn NOK (+32.6% YoY). Calculated

  • ↑

    Net result improved

    Net result +4.60bn NOK → +6.72bn NOK (net margin 10.3% → 11.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 38.79bn NOK → 41.81bn NOK (equity ratio 40.7% → 43.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.76bn NOK → 6.29bn NOK (+67.3% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 5.88bn NOK → 6.21bn NOK (+338.00m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +13.77bn NOK → +7.80bn NOK (op. margin 30.7% → 13.1%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 37.20bn NOK → 49.30bn NOK (+32.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 71.72bn NOK → 73.58bn NOK. Reported fact