FirmaIQ
Org.nr 917 619 727 2019 → 2020 Year-over-year analysis

2CW GRUPPEN AS: årsregnskap 2020 vs 2019

Weaker earnings, cash halved-plus

approved 2021-06-30; registry 2021-09-09; journal 2021 685230

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 2CW GRUPPEN AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -1 454 NOK → -16.8k NOK. Equity 10.03m NOK → 10.01m NOK.

On the constructive side: operating result improved. Pressures included: net result weakened; equity eroded; cash fell.

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

At a glance

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-95.5k NOK -64.3k NOK
+32.7%
Net result
-1 454 NOK -16.8k NOK
-1055.1%
Equity
10.03m NOK 10.01m NOK
-0.2%
Cash
4 978 NOK 1 280 NOK
-74.3%
Total assets
55.94m NOK 56.31m NOK
+0.7%

What improved

  • ↑

    Operating result improved

    Operating result -95.5k NOK → -64.3k NOK. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -1 454 NOK → -16.8k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 10.03m NOK → 10.01m NOK (equity ratio 17.9% → 17.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 4 978 NOK → 1 280 NOK (-74.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 55.93m NOK → 56.31m NOK. Reported fact