BOUVET ASA: årsregnskap 2020 vs 2019
Shrank 88% on revenue, stronger earnings, fresh owner capital
approved 2021-05-20; registry 2021-07-26; journal 2021 529228
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for BOUVET ASA. Revenue 3.55m NOK → 442.0k NOK (-87.6%). Net result +180 NOK → +284.0k NOK. Equity 141.69m NOK → 144.3k NOK.
On the constructive side: net result improved; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for BOUVET ASA.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result +180 NOK → +284.0k NOK (net margin 0.0% → 64.3%). Calculated
-
↑
Cash rose
Bank deposits 702 NOK → 33.88m NOK (+4825541.0% YoY). Calculated
-
↑
Owners injected capital
Paid-in equity rose 20.25m NOK → 39.85m NOK (+19.60m NOK). Reported fact
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.55m NOK to 442.0k NOK (-87.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +622.0k NOK → -3 653 NOK (op. margin 17.5% → -0.8%). Calculated
-
↓
Equity eroded
Book equity 141.69m NOK → 144.3k NOK (equity ratio 37606.4% → 27.6%). Calculated
-
↓
COGS moved
COGS / varekostnad 5.29m NOK → 5.31m NOK (+0.4% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 199.4k NOK → 204.6k NOK. Reported fact