13 INVEST AS: årsregnskap 2020 vs 2019
Grew 650% on revenue, stronger earnings
approved 2021-05-19; registry 2021-06-12; journal 2021 311150
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 13 INVEST AS. Revenue 20.0k NOK → 150.0k NOK (+650.0%). Net result +4 798 NOK → +105.9k NOK. Equity 119.4k NOK → 75.3k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 20.0k NOK to 150.0k NOK (+650.0% YoY). Calculated
-
↑
Operating result improved
Operating result +6 686 NOK → +136.3k NOK (op. margin 33.4% → 90.8%). Calculated
-
↑
Net result improved
Net result +4 798 NOK → +105.9k NOK (net margin 24.0% → 70.6%). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 119.4k NOK → 75.3k NOK (equity ratio 100.0% → 34.1%). Calculated
-
↓
Cash fell
Bank deposits 41.4k NOK → 36.8k NOK (-11.0% YoY). Calculated