FirmaIQ
Org.nr 928 949 648 2023 → 2024 Year-over-year analysis

2020 BULKERS SANDEFJORD AS: årsregnskap 2024 vs 2023

Grew 754% on revenue, stronger earnings

approved 2025-05-28; registry 2025-06-18; journal 2025 532345

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2023 for 2020 BULKERS SANDEFJORD AS. Revenue 90.09m NOK → 769.21m NOK (+753.9%). Net result +28.18m NOK → +629.87m NOK. Equity 52.39m NOK → 53.53m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for 2020 BULKERS SANDEFJORD AS.

At a glance

Scorecard

Revenue
90.09m NOK 769.21m NOK
+753.9%
Operating result
+46.80m NOK +705.36m NOK
+1407.2%
Net result
+28.18m NOK +629.87m NOK
+2134.9%
Equity
52.39m NOK 53.53m NOK
+2.2%
Cash
26.84m NOK 14.35m NOK
-46.5%
Total assets
414.97m NOK 391.24m NOK
-5.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 90.09m NOK to 769.21m NOK (+753.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +46.80m NOK → +705.36m NOK (op. margin 51.9% → 91.7%). Calculated

  • ↑

    Net result improved

    Net result +28.18m NOK → +629.87m NOK (net margin 31.3% → 81.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 52.39m NOK → 53.53m NOK (equity ratio 12.6% → 13.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 26.84m NOK → 14.35m NOK (-46.5% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 156.33m NOK → 115.45m NOK — check capital reduction, conversion, or reclassification. Interpretation