Org.nr 921 260 717 2019 → 2020 Year-over-year analysis

2 MINUTTER FOR HOLDING AS: årsregnskap 2020 vs 2019

Returned to profit, fresh owner capital

approved 2021-07-27; registry 2021-07-29; journal 2021 597194

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 2 MINUTTER FOR HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -3 922 NOK → +441.0k NOK. Equity 20.5k NOK → 461.5k NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: operating result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2 MINUTTER FOR HOLDING AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-4 347 NOK -10.3k NOK
-137.2%
Net result
-3 922 NOK +441.0k NOK
+11344.1%
Equity
20.5k NOK 461.5k NOK
+2151.1%
Cash
31.5k NOK 452.9k NOK
+1336.9%
Total assets
170.5k NOK 461.5k NOK
+170.7%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 3 922 NOK to a profit of 441.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 20.5k NOK → 461.5k NOK (equity ratio 12.0% → 100.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 31.5k NOK → 452.9k NOK (+1336.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -4 347 NOK → -10.3k NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 23.6k NOK → 8 571 NOK. Reported fact