FirmaIQ
Org.nr 998 753 562 2019 → 2020 Year-over-year analysis

BORREGAARD ASA: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-03-17; registry 2021-07-10; journal 2021 465985

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for BORREGAARD ASA. Net result +351.00m NOK → +250.1k NOK. Equity 2.10bn NOK → 2.10bn NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.

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

At a glance

Scorecard

Operating result
-6.21m NOK -7.62m NOK
-22.6%
Net result
+351.00m NOK +250.1k NOK
-99.9%
Equity
2.10bn NOK 2.10bn NOK
+0.1%
Cash
6.83m NOK 9.28m NOK
+35.8%
Total assets
3.20bn NOK 3.23bn NOK
+0.9%

What improved

  • ↑

    Equity strengthened

    Book equity 2.10bn NOK → 2.10bn NOK (equity ratio 65.7% → 65.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.83m NOK → 9.28m NOK (+35.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -6.21m NOK → -7.62m NOK. Calculated

  • ↓

    Net result weakened

    Net result +351.00m NOK → +250.1k NOK. Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 404.89× → 0.44× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.88bn NOK → 1.87bn NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2.92bn NOK → 2.91bn NOK. Reported fact