EUROPRIS ASA: årsregnskap 2020 vs 2019
Weaker earnings, cash halved-plus
approved 2021-05-05; registry 2021-07-20; journal 2021 514040
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for EUROPRIS ASA. Revenue 0 NOK → 0 NOK (0.0%). Net result +375.44m NOK → +687.6k NOK. Equity 1.39bn NOK → 1.51bn NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for EUROPRIS ASA.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.39bn NOK → 1.51bn NOK (equity ratio 99.9% → 85.8%). Calculated
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↑
Payroll decreased
Salary cost 2.15m NOK → 2.11m NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -4.56m NOK → -9.26m NOK. Calculated
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↓
Net result weakened
Net result +375.44m NOK → +687.6k NOK. Calculated
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↓
Cash fell
Bank deposits 568.0k NOK → 2 305 NOK (-99.6% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 3.54bn NOK → 4.53bn NOK (+27.9% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell -63.77m NOK → -392.12m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 125.89m NOK → 128.49m NOK. Reported fact