Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Aker ASA.
Income Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.59B | $9.66B | $6.49B | $5.95B | $48.29B | $40.98B | $39.30B | $41.40B | $70.90B | $69.79B |
| Cost of Revenue | $9.56B | $6.98B | $3.30B | $1.02B | $22.47B | $17.87B | $17.22B | $17.61B | $28.86B | $32.80B |
| Gross Profit | $4.03B | $2.68B | $3.19B | $4.93B | $25.83B | $23.11B | $22.09B | $23.78B | $42.04B | $36.98B |
| Gross Profit Ratio | 29.68% | 27.71% | 49.20% | 82.92% | 53.48% | 56.40% | 56.19% | 57.45% | 59.30% | 53.00% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $1.87B | $1.42B | $1.29B | $1.02B | $3.16B | $2.23B | $1.74B | $1.97B | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $1.87B | $1.42B | $1.29B | $1.02B | $3.16B | $2.23B | $1.74B | $1.97B | $5.66B | $- |
| Other Expenses | $12.37B | $-9.56B | $2.68B | $3.05B | $21.54B | $16.33B | $14.63B | $15.98B | $35.63B | $32.81B |
| Operating Expenses | $15.15B | $-8.14B | $3.97B | $4.07B | $24.70B | $20.66B | $18.93B | $20.61B | $35.63B | $32.81B |
| Cost and Expenses | $24.70B | $-1.16B | $7.27B | $5.09B | $47.16B | $38.52B | $36.15B | $38.22B | $64.49B | $65.61B |
| Interest Income | $539.00M | $297.00M | $45.00M | $115.00M | $370.00M | $252.00M | $325.00M | $381.00M | $361.00M | $354.00M |
| Interest Expense | $2.49B | $1.49B | $848.00M | $1.46B | $2.28B | $1.53B | $1.48B | $1.54B | $2.26B | $1.88B |
| Depreciation and Amortization | $1.66B | $1.39B | $816.00M | $665.00M | $900.00M | $2.10B | $2.21B | $2.60B | $6.93B | $3.59B |
| EBITDA | $-4.78B | $12.31B | $375.00M | $-429.00M | $759.00M | $4.40B | $5.56B | $5.78B | $5.12B | $4.32B |
| EBITDA Ratio | -35.18% | 166.34% | 33.02% | 33.92% | 9.33% | 13.64% | 17.03% | 13.34% | 19.88% | 12.71% |
| Operating Income | $-10.21B | $14.64B | $1.31B | $923.00M | $1.73B | $2.09B | $2.87B | $1.57B | $703.00M | $39.00M |
| Operating Income Ratio | -75.12% | 151.54% | 20.20% | 15.52% | 3.57% | 5.09% | 7.30% | 3.80% | 0.99% | 0.06% |
| Total Other Income Expenses Net | $8.55B | $-5.53B | $1.22B | $-610.00M | $-1.27B | $-667.00M | $-1.05B | $-2.67B | $-2.72B | $-1.48B |
| Income Before Tax | $-1.65B | $8.68B | $506.00M | $-2.12B | $-1.69B | $1.42B | $2.34B | $-1.02B | $-2.00B | $-1.44B |
| Income Before Tax Ratio | -12.16% | 89.80% | 7.80% | -35.67% | -3.50% | 3.46% | 5.96% | -2.46% | -2.82% | -2.07% |
| Income Tax Expense | $245.00M | $-1.48B | $25.00M | $-211.00M | $248.00M | $490.00M | $722.00M | $345.00M | $1.86B | $187.00M |
| Net Income | $3.23B | $10.16B | $481.00M | $-1.91B | $-1.94B | $906.00M | $1.52B | $14.41B | $-1.82B | $-39.00M |
| Net Income Ratio | 23.81% | 105.14% | 7.41% | -32.12% | -4.02% | 2.21% | 3.86% | 34.81% | -2.57% | -0.06% |
| EPS | $43.54 | $136.72 | $6.48 | $-25.73 | $-26.12 | $12.20 | $20.43 | $194.11 | $-24.81 | $-0.54 |
| EPS Diluted | $43.54 | $136.72 | $6.48 | $-25.73 | $-26.12 | $12.20 | $20.43 | $194.11 | $-24.81 | $-0.54 |
| Weighted Average Shares Outstanding | 74.29M | 74.29M | 74.28M | 74.27M | 74.27M | 74.28M | 74.29M | 74.25M | 73.48M | 72.34M |
| Weighted Average Shares Outstanding Diluted | 74.29M | 74.29M | 74.28M | 74.27M | 74.27M | 74.28M | 74.29M | 74.25M | 73.48M | 72.34M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $8.42B | $13.21B | $14.79B | $4.81B | $12.02B | $9.79B | $8.10B | $12.72B | $10.39B | $12.00B |
| Short Term Investments | $1.00M | $-3.30B | $-1.10B | $-13.02B | $-14.75B | $-11.44B | $-5.62B | $386.00M | $3.64B | $3.39B |
| Cash and Short Term Investments | $8.42B | $13.21B | $14.79B | $4.81B | $12.02B | $9.79B | $8.10B | $12.72B | $10.39B | $12.00B |
| Net Receivables | $1.94B | $3.11B | $2.48B | $2.36B | $18.37B | $11.85B | $11.94B | $12.25B | $23.07B | $26.79B |
| Inventory | $2.71B | $2.85B | $2.05B | $1.13B | $1.84B | $1.75B | $2.46B | $3.56B | $3.47B | $3.22B |
| Other Current Assets | $4.18B | $4.75B | $5.93B | $1.91B | $227.00M | $2.29B | $359.00M | $1.11B | $4.80B | $907.00M |
| Total Current Assets | $17.26B | $24.57B | $24.21B | $10.20B | $32.45B | $25.69B | $22.91B | $29.63B | $41.72B | $46.31B |
| Property Plant Equipment Net | $22.52B | $25.16B | $20.48B | $10.17B | $23.61B | $18.68B | $22.18B | $22.69B | $56.42B | $48.30B |
| Goodwill | $2.52B | $2.40B | $3.45B | $807.00M | $7.97B | $7.51B | $7.47B | $7.28B | $16.45B | $18.52B |
| Intangible Assets | $2.01B | $4.62B | $6.84B | $2.00B | $3.69B | $3.05B | $2.01B | $2.15B | $10.88B | $9.93B |
| Goodwill and Intangible Assets | $4.53B | $7.02B | $10.29B | $2.81B | $11.65B | $10.56B | $9.48B | $9.43B | $27.32B | $28.45B |
| Long Term Investments | $42.40B | $42.11B | $22.79B | $35.05B | $37.72B | $36.77B | $28.66B | $21.30B | $-1.16B | $-622.00M |
| Tax Assets | $515.00M | $414.00M | $123.00M | $90.00M | $1.26B | $1.06B | $1.36B | $1.61B | $1.25B | $912.00M |
| Other Non-Current Assets | $1.53B | $138.00M | $-1.00M | $1.00M | $1.00M | $2.00M | $1.00M | $8.03B | $8.91B | $5.56B |
| Total Non-Current Assets | $71.49B | $74.84B | $53.68B | $48.12B | $74.25B | $67.07B | $61.68B | $63.06B | $92.75B | $82.60B |
| Other Assets | $-1.00M | $-2.15B | $1.00M | $-2.00M | $3.00M | $1.00M | $-1.00M | $1.00M | $-2.00M | $- |
| Total Assets | $88.75B | $97.26B | $77.89B | $58.32B | $106.71B | $92.76B | $84.59B | $92.69B | $134.47B | $128.91B |
| Account Payables | $1.24B | $1.27B | $886.00M | $402.00M | $3.31B | $2.73B | $2.60B | $2.03B | $3.83B | $5.54B |
| Short Term Debt | $3.82B | $3.10B | $2.37B | $5.33B | $7.59B | $5.51B | $4.62B | $-8.92B | $6.88B | $4.90B |
| Tax Payables | $52.00M | $28.00M | $41.00M | $15.00M | $117.00M | $168.00M | $134.00M | $219.00M | $294.00M | $1.88B |
| Deferred Revenue | $- | $2.37B | $6.39B | $1.50B | $11.88B | $168.00M | $9.76B | $15.31B | $22.74B | $24.43B |
| Other Current Liabilities | $5.59B | $3.45B | $7.13B | $686.00M | $2.08B | $14.59B | $1.21B | $1.78B | $5.46B | $3.83B |
| Total Current Liabilities | $10.70B | $10.22B | $10.43B | $7.93B | $24.98B | $23.34B | $18.32B | $25.73B | $39.20B | $40.57B |
| Long Term Debt | $26.17B | $32.23B | $29.86B | $25.60B | $39.76B | $24.75B | $23.60B | $24.09B | $45.01B | $39.27B |
| Deferred Revenue Non-Current | $- | $- | $- | $5.00M | $352.00M | $1.40B | $348.00M | $469.00M | $294.00M | $294.00M |
| Deferred Tax Liabilities Non-Current | $379.00M | $713.00M | $1.21B | $96.00M | $661.00M | $515.00M | $377.00M | $275.00M | $13.62B | $11.85B |
| Other Non-Current Liabilities | $710.00M | $247.00M | $471.00M | $978.00M | $1.70B | $838.00M | $1.88B | $2.11B | $6.91B | $5.54B |
| Total Non-Current Liabilities | $27.26B | $33.19B | $31.55B | $26.68B | $42.47B | $27.50B | $26.21B | $26.94B | $65.85B | $56.95B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $37.96B | $43.41B | $41.98B | $34.61B | $67.45B | $50.84B | $44.53B | $52.67B | $105.05B | $97.52B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $2.33B | $2.33B | $2.33B | $2.32B | $2.33B | $2.33B | $2.33B | $2.33B | $2.33B | $2.03B |
| Retained Earnings | $37.84B | $36.80B | $24.43B | $12.51B | $12.65B | $16.06B | $16.28B | $15.99B | $2.23B | $4.91B |
| Accumulated Other Comprehensive Income Loss | $4.75B | $4.56B | $1.81B | $2.59B | $3.85B | $-17.09B | $-19.83B | $-18.64B | $-28.40B | $-20.09B |
| Other Total Stockholders Equity | $- | $- | $- | $- | $- | $20.71B | $- | $- | $- | $- |
| Total Stockholders Equity | $44.93B | $43.69B | $28.58B | $17.42B | $18.84B | $22.01B | $21.16B | $21.84B | $7.96B | $8.72B |
| Total Equity | $50.79B | $53.85B | $35.91B | $23.71B | $39.25B | $41.92B | $40.06B | $40.02B | $29.42B | $31.39B |
| Total Liabilities and Stockholders Equity | $88.75B | $97.26B | $77.89B | $58.32B | $106.71B | $92.76B | $84.59B | $92.69B | $134.47B | $128.91B |
| Minority Interest | $5.86B | $10.15B | $7.33B | $6.29B | $20.41B | $19.91B | $18.91B | $18.18B | $21.46B | $22.67B |
| Total Liabilities and Total Equity | $88.75B | $97.26B | $77.89B | $58.32B | $106.71B | $92.76B | $84.59B | $92.69B | $134.47B | $128.91B |
| Total Investments | $42.40B | $38.81B | $21.69B | $22.04B | $22.97B | $25.34B | $23.04B | $21.68B | $2.48B | $2.77B |
| Total Debt | $29.99B | $35.34B | $32.36B | $30.93B | $47.35B | $30.43B | $28.21B | $30.48B | $51.89B | $44.17B |
| Net Debt | $21.57B | $22.13B | $17.57B | $26.12B | $35.33B | $20.64B | $20.11B | $17.76B | $41.50B | $32.17B |
Cash Flow Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $2.90B | $8.68B | $506.00M | $-2.12B | $-1.69B | $1.42B | $2.34B | $-1.02B | $-2.00B | $-1.44B |
| Depreciation and Amortization | $1.66B | $1.43B | $832.00M | $1.09B | $2.78B | $2.10B | $2.55B | $2.65B | $6.93B | $3.59B |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $936.00M | $-1.62B | $2.72B | $1.21B | $-1.81B | $809.00M | $-2.12B | $6.43B | $1.84B | $-1.30B |
| Accounts Receivables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $936.00M | $-1.62B | $2.72B | $1.21B | $-1.81B | $809.00M | $-2.12B | $- | $- | $- |
| Other Non Cash Items | $-3.97B | $-11.27B | $-2.26B | $2.62B | $4.00B | $936.00M | $-357.00M | $1.31B | $2.29B | $4.45B |
| Net Cash Provided by Operating Activities | $1.54B | $-2.78B | $1.80B | $2.81B | $3.28B | $5.26B | $2.41B | $9.37B | $9.07B | $5.31B |
| Investments in Property Plant and Equipment | $-3.18B | $-4.69B | $-5.88B | $-1.55B | $-8.41B | $-5.56B | $-3.85B | $-11.90B | $-13.40B | $-11.30B |
| Acquisitions Net | $-159.00M | $-1.61B | $-2.51B | $-3.42B | $-1.16B | $563.00M | $-2.12B | $-2.53B | $-887.00M | $-3.34B |
| Purchases of Investments | $- | $-1.57B | $-1.15B | $-752.00M | $-262.00M | $-1.02B | $-2.47B | $-1.45B | $-472.00M | $-187.00M |
| Sales Maturities of Investments | $987.00M | $3.17B | $3.19B | $200.00M | $649.00M | $520.00M | $438.00M | $457.00M | $91.00M | $528.00M |
| Other Investing Activities | $-84.00M | $1.76B | $9.00M | $2.68B | $300.00M | $826.00M | $4.53B | $1.99B | $386.00M | $966.00M |
| Net Cash Used for Investing Activities | $-2.44B | $-2.94B | $-6.34B | $-2.84B | $-8.89B | $-4.67B | $-3.47B | $-13.43B | $-14.28B | $-13.34B |
| Debt Repayment | $-1.75B | $80.00M | $5.61B | $-7.52B | $9.66B | $1.81B | $-3.70B | $7.54B | $3.72B | $9.52B |
| Common Stock Issued | $3.00M | $- | $9.99B | $2.73B | $1.38B | $917.00M | $7.00M | $859.00M | $16.00M | $1.94B |
| Common Stock Repurchased | $- | $-10.00M | $- | $-7.00M | $-55.00M | $-37.00M | $-10.00M | $-213.00M | $-32.00M | $-157.00M |
| Dividends Paid | $-2.23B | $-2.15B | $-1.75B | $-1.75B | $-1.67B | $-1.74B | $-1.57B | $-1.38B | $-1.08B | $-2.15B |
| Other Financing Activities | $-95.00M | $5.33B | $613.00M | $-588.00M | $-1.44B | $- | $1.85B | $- | $1.00M | $- |
| Net Cash Used Provided by Financing Activities | $-4.07B | $3.24B | $14.47B | $-7.12B | $7.88B | $957.00M | $-3.42B | $6.80B | $2.62B | $9.15B |
| Effect of Forex Changes on Cash | $180.00M | $899.00M | $47.00M | $-49.00M | $-33.00M | $86.00M | $-88.00M | $-360.00M | $975.00M | $1.15B |
| Net Change in Cash | $-4.79B | $-1.58B | $9.98B | $-7.21B | $2.23B | $1.64B | $-4.57B | $2.33B | $-1.61B | $2.28B |
| Cash at End of Period | $8.42B | $13.21B | $14.79B | $4.81B | $12.02B | $9.79B | $8.15B | $12.72B | $10.39B | $12.00B |
| Cash at Beginning of Period | $13.21B | $14.79B | $4.81B | $12.02B | $9.79B | $8.15B | $12.72B | $10.39B | $12.00B | $9.72B |
| Operating Cash Flow | $1.54B | $-2.78B | $1.80B | $2.81B | $3.28B | $5.26B | $2.41B | $9.37B | $9.07B | $5.31B |
| Capital Expenditure | $-3.18B | $-4.69B | $-5.88B | $-1.55B | $-8.41B | $-5.56B | $-3.85B | $-11.90B | $-13.40B | $-11.30B |
| Free Cash Flow | $-1.65B | $-7.47B | $-4.08B | $1.25B | $-5.13B | $-296.00M | $-1.44B | $-2.53B | $-4.33B | $-5.99B |