VOW ASA: årsregnskap 2020 vs 2019
Grew 21% on revenue, returned to profit
approved 2021-05-14; registry 2021-07-27; journal 2021 535608
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for VOW ASA. Revenue 380.8k NOK → 459.8k NOK (+20.8%). Net result -22.71m NOK → +18.19m NOK. Equity 371.8k NOK → 444.3k NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for VOW ASA.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 380.8k NOK to 459.8k NOK (+20.8% YoY). Calculated
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Turned profitable
Net result flipped from a loss of 22.71m NOK to a profit of 18.19m NOK. Calculated
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↑
Equity strengthened
Book equity 371.8k NOK → 444.3k NOK (equity ratio 84.6% → 99.7%). Calculated
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Cash rose
Bank deposits 52.4k NOK → 2.49m NOK (+4644.5% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 351.9k NOK → 403.5k NOK (+51.6k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -4.17m NOK → -12.11m NOK (op. margin -1094.4% → -2633.3%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 334.2k NOK → 345.3k NOK. Reported fact