Org.nr 914 497 469 2019 → 2020 Year-over-year analysis

29 INVEST AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-06-29; registry 2021-07-05; journal 2021 517376

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 29 INVEST AS. Net result +4.11m NOK → +12.97m NOK. Equity 2.88m NOK → 15.85m NOK.

On the constructive side: net result improved; 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 29 INVEST AS.

Scorecard

Operating result
-12.6k NOK -16.0k NOK
-26.7%
Net result
+4.11m NOK +12.97m NOK
+215.4%
Equity
2.88m NOK 15.85m NOK
+451.2%
Cash
28.8k NOK 637.3k NOK
+2110.9%
Total assets
3.28m NOK 15.85m NOK
+382.9%

What improved

  • ↑

    Net result improved

    Net result +4.11m NOK → +12.97m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 2.88m NOK → 15.85m NOK (equity ratio 87.6% → 100.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 28.8k NOK → 637.3k NOK (+2110.9% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -12.6k NOK → -16.0k NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.49m NOK → 668.4k NOK. Reported fact