Org.nr 928 949 575 2022 → 2023 Year-over-year analysis

2020 BULKERS SAO PAULO AS: årsregnskap 2023 vs 2022

Grew 150034% on revenue, stronger earnings, fresh owner capital

approved 2024-06-26; registry 2024-07-25; journal 2024 673917

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 2020 BULKERS SAO PAULO AS. Revenue 65.0k NOK → 97.52m NOK (+150033.9%). Net result +3.99m NOK → +33.55m NOK. Equity 126.58m NOK → 51.75m 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.

Scorecard

Revenue
65.0k NOK 97.52m NOK
+150033.9%
Operating result
+35.9k NOK +54.96m NOK
+152797.6%
Net result
+3.99m NOK +33.55m NOK
+741.2%
Equity
126.58m NOK 51.75m NOK
-59.1%
Cash
11 NOK 40.88m NOK
+371663536.4%
Total assets
432.01m NOK 435.2k NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 65.0k NOK to 97.52m NOK (+150033.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +35.9k NOK → +54.96m NOK (op. margin 55.3% → 56.4%). Calculated

  • ↑

    Net result improved

    Net result +3.99m NOK → +33.55m NOK (net margin 6139.9% → 34.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 11 NOK → 40.88m NOK (+371663536.4% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 257.6k NOK → 157.60m NOK (+157.35m NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 126.58m NOK → 51.75m NOK (equity ratio 29.3% → 11891.9%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 416.57× → 0.33× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated