Org.nr 989 470 450 2020 → 2021 Year-over-year analysis

123 INVEST AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2022-05-24; registry 2022-06-11; journal 2022 384227

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 123 INVEST AS. Net result +182.6k NOK → +21.18m NOK. Equity 570.4k NOK → 749.2k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 123 INVEST AS.

At a glance

Operating result

-17.4k NOK -16.2k NOK

+7.1%

Net result

+182.6k NOK +21.18m NOK

+11496.9%

Equity

570.4k NOK 749.2k NOK

+31.4%

Cash

315.4k NOK 6.75m NOK

+2039.9%

Total assets

570.4k NOK 21.75m NOK

+3713.0%

↑
Operating result improved

Operating result -17.4k NOK → -16.2k NOK. Calculated
↑
Net result improved

Net result +182.6k NOK → +21.18m NOK. Calculated
↑
Equity strengthened

Book equity 570.4k NOK → 749.2k NOK (equity ratio 100.0% → 3.4%). Calculated
↑
Cash rose

Bank deposits 315.4k NOK → 6.75m NOK (+2039.9% YoY). Calculated

·
Thin equity buffer

Equity ratio is 3.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation