06230 INVEST AS: årsregnskap 2020 vs 2019
Shrank 100% on revenue, returned to profit, cash halved-plus
approved 2021-06-30; registry 2021-08-26; journal 2021 683811
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 06230 INVEST AS. Revenue 83.55m NOK → 66.3k NOK (-99.9%). Net result -107.6k NOK → +426.6k NOK. Equity 1.97m NOK → 2.40m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 06230 INVEST AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -155.1k NOK → -87.1k NOK (op. margin -0.2% → -131.4%). Calculated
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Turned profitable
Net result flipped from a loss of 107.6k NOK to a profit of 426.6k NOK. Calculated
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Equity strengthened
Book equity 1.97m NOK → 2.40m NOK (equity ratio 96.0% → 96.3%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 83.55m NOK to 66.3k NOK (-99.9% YoY). Calculated
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Cash fell
Bank deposits 174.9k NOK → 46.7k NOK (-73.3% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 2 019 NOK → 12.9k NOK (0% → 19% of revenue). Calculated
Things to notice
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COGS fell
COGS / varekostnad 68.4k NOK → 34.4k NOK (-49.7% YoY). Calculated
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Book investments changed
Investment / intangible book value 56.0k NOK → 67.6k NOK. Reported fact