FirmaIQ
Org.nr 914 807 077 2019 → 2020 Year-over-year analysis

A/S Norske Shell: årsregnskap 2020 vs 2019

Shrank 29% on revenue

approved 2021-04-08; registry 2021-07-05; journal 2021 451577

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A/S Norske Shell. Revenue 19.14bn NOK → 13.66bn NOK (-28.6%). Net result +2.32bn NOK → +2.09bn NOK. Equity 1.50bn NOK → 1.47bn NOK.

Pressures included: revenue fell; operating result weakened; net 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

Scorecard

Revenue
19.14bn NOK 13.66bn NOK
-28.6%
Operating result
+7.60bn NOK +3.82bn NOK
-49.7%
Net result
+2.32bn NOK +2.09bn NOK
-10.0%
Equity
1.50bn NOK 1.47bn NOK
-2.6%
Cash
99.00m NOK 72.00m NOK
-27.3%
Total assets
23.66bn NOK 21.20bn NOK
-10.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 19.14bn NOK to 13.66bn NOK (-28.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +7.60bn NOK → +3.82bn NOK (op. margin 39.7% → 27.9%). Calculated

  • ↓

    Net result weakened

    Net result +2.32bn NOK → +2.09bn NOK (net margin 12.1% → 15.3%). Calculated

  • ↓

    Equity eroded

    Book equity 1.50bn NOK → 1.47bn NOK (equity ratio 6.4% → 6.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 99.00m NOK → 72.00m NOK (-27.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 915.00m NOK → 1.83bn NOK. Reported fact