Org.nr 922 231 184 2019 → 2020 Year-over-year analysis

2 XR HOLDING AS: årsregnskap 2020 vs 2019

Returned to profit, fresh owner capital

approved 2021-07-17; registry 2021-08-05; journal 2021 582682

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 2 XR HOLDING AS. Net result -46.7k NOK → +13.99m NOK. Equity 23.89m NOK → 31.88m 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 2 XR HOLDING AS.

At a glance

Operating result

-46.7k NOK -23.7k NOK

+49.3%

Net result

-46.7k NOK +13.99m NOK

+30075.4%

Equity

23.89m NOK 31.88m NOK

+33.5%

Cash

54.2k NOK 2.03m NOK

+3647.3%

Total assets

23.89m NOK 35.88m NOK

+50.2%

↑
Operating result improved

Operating result -46.7k NOK → -23.7k NOK. Calculated
↑
Turned profitable

Net result flipped from a loss of 46.7k NOK to a profit of 13.99m NOK. Calculated
↑
Equity strengthened

Book equity 23.89m NOK → 31.88m NOK (equity ratio 100.0% → 88.8%). Calculated
↑
Cash rose

Bank deposits 54.2k NOK → 2.03m NOK (+3647.3% YoY). Calculated
↑
Owners injected capital

Paid-in equity rose 23.9k NOK → 19.94m NOK (+19.91m NOK). Reported fact

·
Book investments changed

Investment / intangible book value 23.8k NOK → 23.84m NOK. Reported fact