2020 BULKERS SANTIAGO AS: årsregnskap 2023 vs 2022
Grew 148559% on revenue, stronger earnings, fresh owner capital
approved 2024-06-26; registry 2024-07-25; journal 2024 673897
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 2020 BULKERS SANTIAGO AS. Revenue 59.1k NOK → 87.81m NOK (+148559.1%). Net result +8.41m NOK → +23.74m NOK. Equity 122.28m NOK → 51.44m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 59.1k NOK to 87.81m NOK (+148559.1% YoY). Calculated
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↑
Operating result improved
Operating result +30.1k NOK → +42.87m NOK (op. margin 51.0% → 48.8%). Calculated
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Net result improved
Net result +8.41m NOK → +23.74m NOK (net margin 14240.0% → 27.0%). Calculated
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Cash rose
Bank deposits 11.8k NOK → 26.69m NOK (+225565.7% YoY). Calculated
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Owners injected capital
Paid-in equity rose 250.4k NOK → 165.37m NOK (+165.12m NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity 122.28m NOK → 51.44m NOK (equity ratio 28.9% → 12.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 376.62× → 0.26× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated