Norsk Hydro ASA: årsregnskap 2019 vs 2018
Slipped into loss
approved 2020-03-10; registry 2020-05-16; journal 2020 356899
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for Norsk Hydro ASA. Revenue 229.00m NOK → 227.00m NOK (-0.9%). Net result +1.01bn NOK → -1.81bn NOK. Equity 59.27bn NOK → 61.89bn NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; fell into a net loss.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for Norsk Hydro ASA.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 59.27bn NOK → 61.89bn NOK (equity ratio 67.0% → 65.9%). Calculated
-
↑
Cash rose
Bank deposits 2.98bn NOK → 8.36bn NOK (+180.0% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 229.00m NOK to 227.00m NOK (-0.9% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 1.01bn NOK profit to a loss of 1.81bn NOK. Calculated
Things to notice
-
·
Paid-in equity reduced
Paid-in equity fell 31.37bn NOK → 31.37bn NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
Book investments changed
Investment / intangible book value 75.69bn NOK → 78.39bn NOK. Reported fact