Org.nr 928 949 605 2024 → 2025 Year-over-year analysis

2020 BULKERS SHENZHEN AS: årsregnskap 2025 vs 2024

Grew 91088% on revenue, stronger earnings

approved 2026-03-27; registry 2026-04-27; journal 2026 362134

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2025 with 2024 for 2020 BULKERS SHENZHEN AS. Revenue 117.2k NOK → 106.90m NOK (+91088.1%). Net result +44.17m NOK → +70.18m NOK. Equity 48.14m NOK → 1.32m NOK.

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

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

Scorecard

Revenue
117.2k NOK 106.90m NOK
+91088.1%
Operating result
+74.19m NOK +61.52m NOK
-17.1%
Net result
+44.17m NOK +70.18m NOK
+58.9%
Equity
48.14m NOK 1.32m NOK
-97.3%
Cash
14.11m NOK 21.83m NOK
+54.7%
Total assets
378.81m NOK 383.1k NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 117.2k NOK to 106.90m NOK (+91088.1% YoY). Calculated

  • ↑

    Net result improved

    Net result +44.17m NOK → +70.18m NOK (net margin 37681.3% → 65.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 14.11m NOK → 21.83m NOK (+54.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.15× → 66.30×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +74.19m NOK → +61.52m NOK (op. margin 63286.1% → 57.6%). Calculated

  • ↓

    Equity eroded

    Book equity 48.14m NOK → 1.32m NOK (equity ratio 12.7% → 344.6%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 60.96m NOK → 1.32m NOK — check capital reduction, conversion, or reclassification. Interpretation