Org.nr 985 459 614 2018 → 2019 Year-over-year analysis

HÖEGH AUTOLINERS ASA: årsregnskap 2019 vs 2018

Grew 88624% on revenue, weaker earnings, fresh owner capital

approved 2020-03-11; registry 2020-05-02; journal 2020 321919

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for HÖEGH AUTOLINERS ASA. Revenue 1.06m NOK → 936.11m NOK (+88623.6%). Net result -62.45m NOK → -171.65m NOK. Equity 866.6k NOK → 694.99m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.

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

Scorecard

Revenue
1.06m NOK 936.11m NOK
+88623.6%
Operating result
-8.20m NOK -237.0k NOK
+97.1%
Net result
-62.45m NOK -171.65m NOK
-174.9%
Equity
866.6k NOK 694.99m NOK
+80094.1%
Cash
51.27m NOK 43.95m NOK
-14.3%
Total assets
1.54bn NOK 1.33bn NOK
-13.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.06m NOK to 936.11m NOK (+88623.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -8.20m NOK → -237.0k NOK (op. margin -777.5% → -0.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 866.6k NOK → 694.99m NOK (equity ratio 0.1% → 52.1%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 748.8k NOK → 748.84m NOK (+748.10m NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result -62.45m NOK → -171.65m NOK (net margin -5918.5% → -18.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 51.27m NOK → 43.95m NOK (-14.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.45bn NOK → 1.21bn NOK. Reported fact