Org.nr 919 317 558 2019 → 2020 Year-over-year analysis

HEXAGON PURUS ASA: årsregnskap 2020 vs 2019

Weaker earnings, fresh owner capital

approved 2021-04-27; registry 2021-08-16; journal 2021 614190

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for HEXAGON PURUS ASA. Revenue 0 NOK → 18.0k NOK. Net result -167.90m NOK → -308.03m NOK. Equity 14.77m NOK → 2.00bn NOK.

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

Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for HEXAGON PURUS ASA.

Scorecard

Revenue
0 NOK 18.0k NOK
—
Operating result
-34.0k NOK -18.95m NOK
-55644.1%
Net result
-167.90m NOK -308.03m NOK
-83.5%
Equity
14.77m NOK 2.00bn NOK
+13426.1%
Cash
15.0k NOK 1.18bn NOK
+7875473.6%
Total assets
14.84m NOK 2.21bn NOK
+14781.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 18.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 14.77m NOK → 2.00bn NOK (equity ratio 99.6% → 90.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 15.0k NOK → 1.18bn NOK (+7875473.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.24× → 5.71×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 14.77m NOK → 2.00bn NOK (+1.98bn NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -34.0k NOK → -18.95m NOK. Calculated

  • ↓

    Net result weakened

    Net result -167.90m NOK → -308.03m NOK. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 0 NOK → 3.80m NOK. Calculated

  • ·

    COGS fell

    COGS / varekostnad 86717000.13bn NOK → 14 NOK (-100.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 14.82m NOK → 1.01bn NOK. Reported fact