FirmaIQ
Org.nr 996 819 000 2018 → 2019 Year-over-year analysis

VOW ASA: årsregnskap 2019 vs 2018

Grew 16% on revenue, weaker earnings, cash halved-plus

approved 2020-04-27; registry 2020-06-30; journal 2020 503537

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for VOW ASA. Revenue 329.6k NOK → 380.8k NOK (+15.5%). Net result -2.30m NOK → -22.71m NOK. Equity 239.13m NOK → 371.8k NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for VOW ASA.

At a glance

Scorecard

Revenue
329.6k NOK 380.8k NOK
+15.5%
Operating result
+35.78m NOK -4.17m NOK
-111.6%
Net result
-2.30m NOK -22.71m NOK
-886.5%
Equity
239.13m NOK 371.8k NOK
-99.8%
Cash
511.0k NOK 52.4k NOK
-89.7%
Total assets
240.38m NOK 439.2k NOK
-99.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 329.6k NOK to 380.8k NOK (+15.5% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 187.9k NOK → 351.9k NOK (+164.0k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +35.78m NOK → -4.17m NOK (op. margin 10857.0% → -1094.4%). Calculated

  • ↓

    Net result weakened

    Net result -2.30m NOK → -22.71m NOK (net margin -698.4% → -5964.3%). Calculated

  • ↓

    Equity eroded

    Book equity 239.13m NOK → 371.8k NOK (equity ratio 99.5% → 84.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 511.0k NOK → 52.4k NOK (-89.7% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 226.00m NOK → 334.2k NOK. Reported fact