FirmaIQ
Org.nr 987 989 297 2019 → 2020 Year-over-year analysis

BLUENORD ASA: årsregnskap 2020 vs 2019

Shrank 78% on revenue, slipped into loss, fresh owner capital

approved 2021-05-19; registry 2021-07-06; journal 2021 452315

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for BLUENORD ASA. Revenue 9.00m NOK → 2.00m NOK (-77.8%). Net result +218.00m NOK → -23.00m NOK. Equity 483.00m NOK → 451.00m NOK.

On the constructive side: operating result improved; owners injected capital. Pressures included: revenue fell; fell into a net loss; equity eroded.

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

At a glance

Scorecard

Revenue
9.00m NOK 2.00m NOK
-77.8%
Operating result
-16.00m NOK -9.00m NOK
+43.8%
Net result
+218.00m NOK -23.00m NOK
-110.6%
Equity
483.00m NOK 451.00m NOK
-6.6%
Cash
228.00m NOK 183.00m NOK
-19.7%
Total assets
840.0k NOK 823.00m NOK
+97876.2%

What improved

  • ↑

    Operating result improved

    Operating result -16.00m NOK → -9.00m NOK (op. margin -177.8% → -450.0%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 737.0k NOK → 737.00m NOK (+736.26m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.00m NOK to 2.00m NOK (-77.8% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 218.00m NOK profit to a loss of 23.00m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 483.00m NOK → 451.00m NOK (equity ratio 57500.0% → 54.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 228.00m NOK → 183.00m NOK (-19.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 584.0k NOK → 620.0k NOK. Reported fact