FirmaIQ
Org.nr 932 142 104 2019 → 2020 Year-over-year analysis

NEKKAR ASA: årsregnskap 2020 vs 2019

Shrank 68% on revenue, slipped into loss, fresh owner capital

approved 2021-04-28; registry 2021-07-28; journal 2021 545602

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for NEKKAR ASA. Revenue 18.75m NOK → 5.92m NOK (-68.4%). Net result +48.98m NOK → -54.16m NOK. Equity 249.36m NOK → 198.02m NOK.

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

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

At a glance

Scorecard

Revenue
18.75m NOK 5.92m NOK
-68.4%
Operating result
+33.08m NOK -16.88m NOK
-151.0%
Net result
+48.98m NOK -54.16m NOK
-210.6%
Equity
249.36m NOK 198.02m NOK
-20.6%
Cash
208.7k NOK 307.2k NOK
+47.2%
Total assets
413.61m NOK 574.2k NOK
-99.9%

What improved

  • ↑

    Cash rose

    Bank deposits 208.7k NOK → 307.2k NOK (+47.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 11.62m NOK → 14.45m NOK (+2.83m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 18.75m NOK to 5.92m NOK (-68.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +33.08m NOK → -16.88m NOK (op. margin 176.4% → -285.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 48.98m NOK profit to a loss of 54.16m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 249.36m NOK → 198.02m NOK (equity ratio 60.3% → 34487.6%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 160.1k NOK → 198.4k NOK (+23.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 141.27m NOK → 142.1k NOK. Reported fact