FirmaIQ
Org.nr 920 662 838 2018 → 2019 Year-over-year analysis

KLAVENESS COMBINATION CARRIERS ASA: årsregnskap 2019 vs 2018

Grew 9% on revenue, slipped into loss

approved 2020-03-24; registry 2020-06-25; journal 2020 475937

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for KLAVENESS COMBINATION CARRIERS ASA. Revenue 56.39m NOK → 61.33m NOK (+8.7%). Net result +8.84m NOK → -2.01m NOK. Equity 184.03m NOK → 216.9k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for KLAVENESS COMBINATION CARRIERS ASA.

At a glance

Scorecard

Revenue
56.39m NOK 61.33m NOK
+8.7%
Operating result
+13.92m NOK -2.34m NOK
-116.8%
Net result
+8.84m NOK -2.01m NOK
-122.7%
Equity
184.03m NOK 216.9k NOK
-99.9%
Cash
2 389 NOK 4.66m NOK
+194918.8%
Total assets
220.62m NOK 252.9k NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 56.39m NOK to 61.33m NOK (+8.7% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 2 389 NOK → 4.66m NOK (+194918.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +13.92m NOK → -2.34m NOK (op. margin 24.7% → -3.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 8.84m NOK profit to a loss of 2.01m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 184.03m NOK → 216.9k NOK (equity ratio 83.4% → 85.8%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 186.39m NOK → 225.1k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 218 NOK → 248.1k NOK. Reported fact