Org.nr 990 727 007 2019 → 2020 Year-over-year analysis

BEVEST ASA: årsregnskap 2020 vs 2019

Shrank 100% on revenue, weaker earnings

approved 2021-06-02; registry 2021-10-09; journal 2021 795483

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for BEVEST ASA. Revenue 2.90m NOK → 456 NOK (-100.0%). Net result +2.49m NOK → 0 NOK. Equity 4.72m NOK → 1.61bn NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for BEVEST ASA.

Scorecard

Revenue
2.90m NOK 456 NOK
-100.0%
Operating result
+14.0k NOK +435 NOK
-96.9%
Net result
+2.49m NOK 0 NOK
-100.0%
Equity
4.72m NOK 1.61bn NOK
+33935.3%
Cash
580 NOK 54.15m NOK
+9335417.2%
Total assets
25.09m NOK 3.49m NOK
-86.1%

What improved

  • ↑

    Equity strengthened

    Book equity 4.72m NOK → 1.61bn NOK (equity ratio 18.8% → 45990.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 580 NOK → 54.15m NOK (+9335417.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.03× → 1.06×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.90m NOK to 456 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +14.0k NOK → +435 NOK (op. margin 0.5% → 95.4%). Calculated

  • ↓

    Net result weakened

    Net result +2.49m NOK → 0 NOK (net margin 85.8% → 0.0%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 82.21m NOK → 2.11m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 24.39m NOK → 3.39m NOK. Reported fact