FirmaIQ
Org.nr 985 140 421 2019 → 2020 Year-over-year analysis

VERDIPAPIRSENTRALEN ASA: årsregnskap 2020 vs 2019

Shrank 100% on revenue, weaker earnings, cash halved-plus

approved 2021-03-25; registry 2021-04-29; journal 2021 211853

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for VERDIPAPIRSENTRALEN ASA. Revenue 473.03m NOK → 589.9k NOK (-99.9%). Net result +127.86m NOK → +218.4k NOK. Equity 488.39m NOK → 705.5k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for VERDIPAPIRSENTRALEN ASA.

At a glance

Scorecard

Revenue
473.03m NOK 589.9k NOK
-99.9%
Operating result
+162.27m NOK +281.2k NOK
-99.8%
Net result
+127.86m NOK +218.4k NOK
-99.8%
Equity
488.39m NOK 705.5k NOK
-99.9%
Cash
321.35m NOK 326.8k NOK
-99.9%
Total assets
702.77m NOK 934.3k NOK
-99.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 473.03m NOK to 589.9k NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +162.27m NOK → +281.2k NOK (op. margin 34.3% → 47.7%). Calculated

  • ↓

    Net result weakened

    Net result +127.86m NOK → +218.4k NOK (net margin 27.0% → 37.0%). Calculated

  • ↓

    Equity eroded

    Book equity 488.39m NOK → 705.5k NOK (equity ratio 69.5% → 75.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 321.35m NOK → 326.8k NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (321.35m NOK → 326.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 135.36m NOK → 73.11m NOK. Reported fact