FirmaIQ
Org.nr 914 348 803 2019 → 2020 Year-over-year analysis

Moelven Industrier ASA: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-04-28; registry 2021-06-21; journal 2021 345707

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for Moelven Industrier ASA. Revenue 2.13m NOK → 2.12m NOK (-0.4%). Net result +67.40m NOK → +390.90m NOK. Equity 870.74m NOK → 788.77m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.13m NOK 2.12m NOK
-0.4%
Operating result
-47.13m NOK -49.18m NOK
-4.4%
Net result
+67.40m NOK +390.90m NOK
+480.0%
Equity
870.74m NOK 788.77m NOK
-9.4%
Cash
0 NOK 0 NOK
0.0%
Total assets
2.73bn NOK 2.91bn NOK
+6.7%

What improved

  • ↑

    Net result improved

    Net result +67.40m NOK → +390.90m NOK (net margin 3170.7% → 18455.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.13m NOK to 2.12m NOK (-0.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -47.13m NOK → -49.18m NOK (op. margin -2216.9% → -2322.1%). Calculated

  • ↓

    Equity eroded

    Book equity 870.74m NOK → 788.77m NOK (equity ratio 31.9% → 27.1%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 6.41bn NOK → 7.19bn NOK (+12.2% YoY). Calculated