13 INVEST AS: årsregnskap 2019 vs 2018
Grew 1363% on revenue, returned to profit
approved 2020-06-30; registry 2020-07-09; journal 2020 568905
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 13 INVEST AS. Revenue 1 367 NOK → 20.0k NOK (+1363.1%). Net result -237.3k NOK → +4 798 NOK. Equity 114.6k NOK → 119.4k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 13 INVEST AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1 367 NOK to 20.0k NOK (+1363.1% YoY). Calculated
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Operating result improved
Operating result -303.6k NOK → +6 686 NOK (op. margin -22211.6% → 33.4%). Calculated
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Turned profitable
Net result flipped from a loss of 237.3k NOK to a profit of 4 798 NOK. Calculated
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Equity strengthened
Book equity 114.6k NOK → 119.4k NOK (equity ratio 100.0% → 100.0%). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 7 064 NOK → 3 746 NOK. Reported fact