1708 HOLDING AS: årsregnskap 2020 vs 2019
Grew 176% on revenue, weaker earnings
approved 2021-06-03; registry 2021-06-10; journal 2021 407724
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 1708 HOLDING AS. Revenue 155.9k NOK → 430.3k NOK (+175.9%). Net result +413.4k NOK → +68.0k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 1708 HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 155.9k NOK to 430.3k NOK (+175.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +176.5k NOK → +87.9k NOK (op. margin 113.2% → 20.4%). Calculated
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↓
Net result weakened
Net result +413.4k NOK → +68.0k NOK (net margin 265.1% → 15.8%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 502.2k NOK → 470.5k NOK. Reported fact