SELVAAG BOLIG ASA: årsregnskap 2020 vs 2019
Shrank 18% on revenue, stronger earnings, fresh owner capital
approved 2021-04-27; registry 2021-06-26; journal 2021 387536
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for SELVAAG BOLIG ASA. Revenue 96.69m NOK → 78.84m NOK (-18.5%). Net result +654.5k NOK → +1.16m NOK. Equity 1.14bn NOK → 1.74bn NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; cogs moved.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for SELVAAG BOLIG ASA.
At a glance
Scorecard
What improved
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Net result improved
Net result +654.5k NOK → +1.16m NOK (net margin 0.7% → 1.5%). Calculated
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Equity strengthened
Book equity 1.14bn NOK → 1.74bn NOK (equity ratio 21.7% → 45.5%). Calculated
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Cash rose
Bank deposits 731.9k NOK → 508.93m NOK (+69431.2% YoY). Calculated
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Owners injected capital
Paid-in equity rose 1.14bn NOK → 1.74bn NOK (+606.91m NOK). Reported fact
What deteriorated
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Revenue fell
Operating income / revenue moved from 96.69m NOK to 78.84m NOK (-18.5% YoY). Calculated
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Operating result weakened
Operating result -148.78m NOK → -169.30m NOK (op. margin -153.9% → -214.8%). Calculated
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COGS moved
COGS / varekostnad 80.0k NOK → 5.11m NOK (+6287.5% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 3.38bn NOK → 2.60bn NOK. Reported fact