FirmaIQ
Org.nr 918 816 232 2019 → 2020 Year-over-year analysis

12C INVEST AS: årsregnskap 2020 vs 2019

Grew 51% on revenue, returned to profit

registry 2021-08-23; journal 2021 670764

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 12C INVEST AS. Revenue 283.8k NOK → 429.5k NOK (+51.3%). Net result -96.8k NOK → +2.18m NOK. Equity -139.9k NOK → 40.8k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
283.8k NOK 429.5k NOK
+51.3%
Operating result
+214.7k NOK +383.3k NOK
+78.5%
Net result
-96.8k NOK +2.18m NOK
+2351.8%
Equity
-139.9k NOK 40.8k NOK
+129.1%
Cash
33.7k NOK 98.1k NOK
+190.7%
Total assets
9.53m NOK 114.8k NOK
-98.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 283.8k NOK to 429.5k NOK (+51.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +214.7k NOK → +383.3k NOK (op. margin 75.6% → 89.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 96.8k NOK to a profit of 2.18m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -139.9k NOK → 40.8k NOK (equity ratio -1.5% → 35.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 33.7k NOK → 98.1k NOK (+190.7% YoY). Calculated