MORROW BATTERIES ASA: årsregnskap 2020 vs 2019
Weaker earnings, fresh owner capital
approved 2021-08-31; registry 2021-10-14; journal 2021 818217
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for MORROW BATTERIES ASA. Revenue 0 NOK → 0 NOK (0.0%). Net result -15.9k NOK → -6.83m NOK. Equity 1.10m NOK → 59.29m NOK.
On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for MORROW BATTERIES ASA.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 1.10m NOK → 59.29m NOK (equity ratio 99.8% → 97.4%). Calculated
-
↑
Cash rose
Bank deposits 1.11m NOK → 25.23m NOK (+2180.1% YoY). Calculated
-
↑
Owners injected capital
Paid-in equity rose 30.0k NOK → 66.03m NOK (+66.00m NOK). Reported fact
What deteriorated
-
↓
Operating result weakened
Operating result -2 NOK → -8.77m NOK. Calculated
-
↓
Net result weakened
Net result -15.9k NOK → -6.83m NOK. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1 NOK → 30.1k NOK. Reported fact