ELOPAK ASA: årsregnskap 2019 vs 2018
Stronger earnings
approved 2020-06-30; registry 2020-10-15; journal 2020 946057
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for ELOPAK ASA. Revenue 500.9k NOK → 525.1k NOK (+4.8%). Net result +567 NOK → +10.12m NOK. Equity 108.74m NOK → 108.48m NOK.
On the constructive side: revenue rose; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: paid-in equity reduced; cogs moved; book investments changed. All figures are taken from the published annual accounts for ELOPAK ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 500.9k NOK to 525.1k NOK (+4.8% YoY). Calculated
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↑
Net result improved
Net result +567 NOK → +10.12m NOK (net margin 0.1% → 1926.8%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 108.74m NOK → 108.48m NOK (equity ratio 17288.3% → 18.2%). Calculated
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↓
Cash fell
Bank deposits 8.21m NOK → 5.01m NOK (-39.0% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 79.29m NOK → 77.82m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS moved
COGS / varekostnad 433.3k NOK → 450.4k NOK (+3.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 353.26m NOK → 400.5k NOK. Reported fact