Org.nr 928 949 605 2022 → 2023 Year-over-year analysis

2020 BULKERS SHENZHEN AS: årsregnskap 2023 vs 2022

Grew 115102% on revenue, stronger earnings, fresh owner capital

approved 2024-06-26; registry 2024-07-25; journal 2024 673949

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for 2020 BULKERS SHENZHEN AS. Revenue 95.5k NOK → 110.07m NOK (+115102.4%). Net result +36.42m NOK → +51.19m NOK. Equity 159.20m NOK → 51.93m 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
95.5k NOK 110.07m NOK
+115102.4%
Operating result
+65.2k NOK +68.73m NOK
+105309.3%
Net result
+36.42m NOK +51.19m NOK
+40.5%
Equity
159.20m NOK 51.93m NOK
-67.4%
Cash
22.9k NOK 67.48m NOK
+294452.4%
Total assets
428.07m NOK 451.3k NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 95.5k NOK to 110.07m NOK (+115102.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +65.2k NOK → +68.73m NOK (op. margin 68.2% → 62.4%). Calculated

  • ↑

    Net result improved

    Net result +36.42m NOK → +51.19m NOK (net margin 38122.7% → 46.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 22.9k NOK → 67.48m NOK (+294452.4% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 253.0k NOK → 102.96m NOK (+102.71m NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 159.20m NOK → 51.93m NOK (equity ratio 37.2% → 11508.0%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1015315.79× → 0.45× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated