Org.nr 989 255 290 2018 → 2019 Year-over-year analysis

06230 INVEST AS: årsregnskap 2019 vs 2018

Grew 21944% on revenue, cash halved-plus

approved 2020-08-29; registry 2020-09-05; journal 2020 753581

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 06230 INVEST AS. Revenue 379.0k NOK → 83.55m NOK (+21944.4%). Equity 2.08m NOK → 1.97m NOK.

On the constructive side: revenue rose; payroll decreased. Pressures included: equity eroded; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 06230 INVEST AS.

Scorecard

Revenue
379.0k NOK 83.55m NOK
+21944.4%
Operating result
n/m -155.1k NOK
—
Net result
n/m -107.6k NOK
—
Equity
2.08m NOK 1.97m NOK
-5.2%
Cash
363.4k NOK 174.9k NOK
-51.9%
Total assets
2.32m NOK 2.05m NOK
-11.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 379.0k NOK to 83.55m NOK (+21944.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 90.1k NOK → 2 019 NOK (24% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 2.08m NOK → 1.97m NOK (equity ratio 89.5% → 96.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 363.4k NOK → 174.9k NOK (-51.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 199.5k NOK → 68.4k NOK (-65.7% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 54.0k NOK → 56.0k NOK. Reported fact