NORSKE SKOG ASA: årsregnskap 2019 vs 2018
Grew 101030828% on revenue, weaker earnings, fresh owner capital
approved 2020-04-16; registry 2020-07-28; journal 2020 617422
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for NORSKE SKOG ASA. Revenue 97 NOK → 98.00m NOK (+101030827.8%). Net result +1.52bn NOK → +1.00bn NOK. Equity 2.21bn NOK → 4.31bn NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.
Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for NORSKE SKOG ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 97 NOK to 98.00m NOK (+101030827.8% YoY). Calculated
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↑
Operating result improved
Operating result -52.00m NOK → +2.40m NOK (op. margin -53608247.4% → 2.4%). Calculated
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↑
Equity strengthened
Book equity 2.21bn NOK → 4.31bn NOK (equity ratio 38.4% → 64.3%). Calculated
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↑
Cash rose
Bank deposits 568.0k NOK → 697.0k NOK (+22.7% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 2.55m NOK → 3.65bn NOK (+3.65bn NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result +1.52bn NOK → +1.00bn NOK (net margin 1572164948.5% → 1024.5%). Calculated
Things to notice
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·
Payroll increased
Salary cost 81 NOK → 93.00m NOK (84% → 95% of revenue). Calculated
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COGS fell
COGS / varekostnad 8.91bn NOK → 8.10bn NOK (-9.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 4.82bn NOK → 5.02bn NOK. Reported fact