Org.nr 921 826 885 2019 → 2020 Year-over-year analysis

0001 INVEST AS: årsregnskap 2020 vs 2019

Cash halved-plus

approved 2021-05-12; registry 2021-05-18; journal 2021 293818

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 0001 INVEST AS. Net result -18.4k NOK → -13.0k NOK. Equity 5 390 NOK → -7 578 NOK.

On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 0001 INVEST AS.

Scorecard

Revenue
0 NOK n/m
—
Operating result
-5 408 NOK -5 487 NOK
-1.5%
Net result
-18.4k NOK -13.0k NOK
+29.4%
Equity
5 390 NOK -7 578 NOK
-240.6%
Cash
9 027 NOK 3 542 NOK
-60.8%
Total assets
688.9k NOK 893.8k NOK
+29.7%

What improved

  • ↑

    Net result improved

    Net result -18.4k NOK → -13.0k NOK. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -5 408 NOK → -5 487 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 5 390 NOK → -7 578 NOK (equity ratio 0.8% → -0.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 9 027 NOK → 3 542 NOK (-60.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -0.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 679.9k NOK → 890.3k NOK. Reported fact