Org.nr 996 564 894 2019 → 2020 Year-over-year analysis

ALNG ASA: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-04-26; registry 2021-07-03; journal 2021 439356

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for ALNG ASA. Revenue 5.67m NOK → 5.69m NOK (+0.5%). Net result -119.92m NOK → -247.89m NOK. Equity 1.04bn NOK → 790.13m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ALNG ASA.

Scorecard

Revenue
5.67m NOK 5.69m NOK
+0.5%
Operating result
-16.04m NOK -14.88m NOK
+7.3%
Net result
-119.92m NOK -247.89m NOK
-106.7%
Equity
1.04bn NOK 790.13m NOK
-23.9%
Cash
39.88m NOK 77.06m NOK
+93.2%
Total assets
1.05m NOK 877.20m NOK
+83724.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.67m NOK to 5.69m NOK (+0.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -16.04m NOK → -14.88m NOK (op. margin -283.1% → -261.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 39.88m NOK → 77.06m NOK (+93.2% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -119.92m NOK → -247.89m NOK (net margin -2116.4% → -4354.2%). Calculated

  • ↓

    Equity eroded

    Book equity 1.04bn NOK → 790.13m NOK (equity ratio 99192.7% → 90.1%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.00bn NOK → 768.93m NOK. Reported fact