Org.nr 919 967 072 2019 → 2020 Year-over-year analysis

CLOUDBERRY CLEAN ENERGY ASA: årsregnskap 2020 vs 2019

Shrank 58% on revenue, weaker earnings, fresh owner capital

approved 2021-04-28; registry 2021-06-08; journal 2021 263767

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for CLOUDBERRY CLEAN ENERGY ASA. Revenue 279.4k NOK → 117.5k NOK (-57.9%). Net result -2.61m NOK → -24.16m NOK. Equity 4.83m NOK → 1.06bn NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
279.4k NOK 117.5k NOK
-57.9%
Operating result
-2.61m NOK -23.86m NOK
-813.0%
Net result
-2.61m NOK -24.16m NOK
-826.0%
Equity
4.83m NOK 1.06bn NOK
+21875.3%
Cash
223.1k NOK 552.48m NOK
+247544.6%
Total assets
303.6k NOK 1.32bn NOK
+435756.0%

What improved

  • ↑

    Equity strengthened

    Book equity 4.83m NOK → 1.06bn NOK (equity ratio 1590.4% → 80.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 223.1k NOK → 552.48m NOK (+247544.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.62× → 129.91×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 750.0k NOK → 1.09bn NOK (+1.09bn NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 279.4k NOK to 117.5k NOK (-57.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -2.61m NOK → -23.86m NOK (op. margin -935.3% → -20306.6%). Calculated

  • ↓

    Net result weakened

    Net result -2.61m NOK → -24.16m NOK (net margin -933.8% → -20563.3%). Calculated