Org.nr 947 514 113 2019 → 2020 Year-over-year analysis

A/S Skarv: årsregnskap 2020 vs 2019

Shrank 100% on revenue, weaker earnings, fresh owner capital

approved 2021-06-11; registry 2021-07-14; journal 2021 487036

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for A/S Skarv. Revenue 3 037 NOK → 0 NOK (-100.0%). Net result +11.05m NOK → +5.22m NOK. Equity 14.14bn NOK → 159.71m NOK.

On the constructive side: owners injected capital. 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 Skarv.

Scorecard

Revenue
3 037 NOK 0 NOK
-100.0%
Operating result
-228.2k NOK -256.3k NOK
-12.3%
Net result
+11.05m NOK +5.22m NOK
-52.8%
Equity
14.14bn NOK 159.71m NOK
-98.9%
Cash
104.88m NOK 95.01m NOK
-9.4%
Total assets
356.99m NOK n/m
—

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 184.9k NOK → 10.65m NOK (+10.46m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3 037 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -228.2k NOK → -256.3k NOK. Calculated

  • ↓

    Net result weakened

    Net result +11.05m NOK → +5.22m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 14.14bn NOK → 159.71m NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 104.88m NOK → 95.01m NOK (-9.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.24bn NOK → 7.25bn NOK. Reported fact