Org.nr 824 505 802 2019 → 2020 Year-over-year analysis

OCEAN GEOLOOP ASA: årsregnskap 2020 vs 2019

Slipped into loss, fresh owner capital

approved 2021-06-30; registry 2021-07-24; journal 2021 527284

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for OCEAN GEOLOOP ASA. Revenue 0 NOK → 0 NOK (0.0%). Net result +226 NOK → -9 688 NOK. Equity 0 NOK → 91.72m NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss.

Net constructive year on the published lines.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
0 NOK -9.69m NOK
—
Net result
+226 NOK -9 688 NOK
-4386.7%
Equity
0 NOK 91.72m NOK
—
Cash
376 NOK 96.3k NOK
+25501.6%
Total assets
0 NOK 96.70m NOK
—

What improved

  • ↑

    Equity strengthened

    Book equity 0 NOK → 91.72m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 376 NOK → 96.3k NOK (+25501.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.67× → 19417.45×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 100 NOK → 101.4k NOK (+101.3k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result 0 NOK → -9.69m NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 226 NOK profit to a loss of 9 688 NOK. Calculated