Org.nr 920 662 838 2019 → 2020 Year-over-year analysis

KLAVENESS COMBINATION CARRIERS ASA: årsregnskap 2020 vs 2019

Shrank 99% on revenue, weaker earnings, fresh owner capital

approved 2021-03-22; registry 2021-08-05; journal 2021 574378

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for KLAVENESS COMBINATION CARRIERS ASA. Revenue 61.33m NOK → 763.0k NOK (-98.8%). Net result -2.01m NOK → -8.13m NOK. Equity 216.9k NOK → 201.42m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for KLAVENESS COMBINATION CARRIERS ASA.

Scorecard

Revenue
61.33m NOK 763.0k NOK
-98.8%
Operating result
-2.34m NOK -2.44m NOK
-4.6%
Net result
-2.01m NOK -8.13m NOK
-304.6%
Equity
216.9k NOK 201.42m NOK
+92752.5%
Cash
4.66m NOK 15.00m NOK
+222.0%
Total assets
252.9k NOK 283.4k NOK
+12.0%

What improved

  • ↑

    Equity strengthened

    Book equity 216.9k NOK → 201.42m NOK (equity ratio 85.8% → 71073.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 4.66m NOK → 15.00m NOK (+222.0% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 225.1k NOK → 222.50m NOK (+222.28m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 61.33m NOK to 763.0k NOK (-98.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -2.34m NOK → -2.44m NOK (op. margin -3.8% → -320.2%). Calculated

  • ↓

    Net result weakened

    Net result -2.01m NOK → -8.13m NOK (net margin -3.3% → -1065.9%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 248.1k NOK → 257.6k NOK. Reported fact