Org.nr 914 807 077 2018 → 2019 Year-over-year analysis

A/S Norske Shell: årsregnskap 2019 vs 2018

Shrank 28% on revenue

approved 2020-03-31; registry 2020-07-02; journal 2020 526815

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for A/S Norske Shell. Revenue 26.52bn NOK → 19.14bn NOK (-27.8%). Equity 1.44bn NOK → 1.50bn NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S Norske Shell.

At a glance

Revenue

26.52bn NOK 19.14bn NOK

-27.8%

Operating result

+17.22bn NOK +7.60bn NOK

-55.9%

Net result

n/m +2.32bn NOK

—

Equity

1.44bn NOK 1.50bn NOK

+4.7%

Cash

79.00m NOK 99.00m NOK

+25.3%

Total assets

25.43bn NOK 23.66bn NOK

-7.0%

↑
Equity strengthened

Book equity 1.44bn NOK → 1.50bn NOK (equity ratio 5.7% → 6.4%). Calculated
↑
Cash rose

Bank deposits 79.00m NOK → 99.00m NOK (+25.3% YoY). Calculated

↓
Revenue fell

Operating income / revenue moved from 26.52bn NOK to 19.14bn NOK (-27.8% YoY). Calculated
↓
Operating result weakened

Operating result +17.22bn NOK → +7.60bn NOK (op. margin 64.9% → 39.7%). Calculated

·
Book investments changed

Investment / intangible book value 1.10m NOK → 915.00m NOK. Reported fact