FirmaIQ
Org.nr 921 526 121 2019 → 2020 Year-over-year analysis

DNO ASA: årsregnskap 2020 vs 2019

Grew 12% on revenue, weaker earnings, fresh owner capital

approved 2021-05-27; registry 2021-06-29; journal 2021 414476

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for DNO ASA. Revenue 20.47m NOK → 22.89m NOK (+11.8%). Net result -18.07m NOK → -319.07m NOK. Equity 11.48m NOK → 11.14m NOK.

On the constructive side: revenue rose; operating result improved; owners injected capital. Pressures included: net result weakened; equity eroded; cash fell.

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

At a glance

Scorecard

Revenue
20.47m NOK 22.89m NOK
+11.8%
Operating result
-16.97m NOK -2.54m NOK
+85.1%
Net result
-18.07m NOK -319.07m NOK
-1666.1%
Equity
11.48m NOK 11.14m NOK
-2.9%
Cash
389.03m NOK 299.67m NOK
-23.0%
Total assets
1.47bn NOK 1.09bn NOK
-25.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 20.47m NOK to 22.89m NOK (+11.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -16.97m NOK → -2.54m NOK (op. margin -82.9% → -11.1%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 281.1k NOK → 280.68m NOK (+280.40m NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result -18.07m NOK → -319.07m NOK (net margin -88.3% → -1394.1%). Calculated

  • ↓

    Equity eroded

    Book equity 11.48m NOK → 11.14m NOK (equity ratio 0.8% → 1.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 389.03m NOK → 299.67m NOK (-23.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.06m NOK → 780.06m NOK. Reported fact