Org.nr 917 825 491 2019 → 2020 Year-over-year analysis

1337 INVEST AS: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-05-31; registry 2021-06-15; journal 2021 427900

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 1337 INVEST AS. Net result -603.8k NOK → +897.2k NOK. Equity -579.3k NOK → 317.8k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 1337 INVEST AS.

Scorecard

Operating result
-1 594 NOK -92 NOK
+94.2%
Net result
-603.8k NOK +897.2k NOK
+248.6%
Equity
-579.3k NOK 317.8k NOK
+154.9%
Cash
1 560 NOK 8 082 NOK
+418.1%
Total assets
456.3k NOK 625.6k NOK
+37.1%

What improved

  • ↑

    Operating result improved

    Operating result -1 594 NOK → -92 NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 603.8k NOK to a profit of 897.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -579.3k NOK → 317.8k NOK (equity ratio -127.0% → 50.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 560 NOK → 8 082 NOK (+418.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 414.7k NOK → 609.2k NOK. Reported fact