Org.nr 922 263 418 2019 → 2020 Year-over-year analysis

2GM EIENDOM AS: årsregnskap 2020 vs 2019

Grew 113308% on revenue, weaker earnings, fresh owner capital

approved 2021-08-31; registry 2021-10-11; journal 2021 797429

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 2GM EIENDOM AS. Revenue 2 795 NOK → 3.17m NOK (+113308.3%). Net result +719.2k NOK → +237.6k NOK.

On the constructive side: revenue rose; cash rose; owners injected capital. Pressures included: operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
2 795 NOK 3.17m NOK
+113308.3%
Operating result
+1.88m NOK +1.54m NOK
-18.0%
Net result
+719.2k NOK +237.6k NOK
-67.0%
Cash
5 394 NOK 893.9k NOK
+16471.7%
Total assets
33.18m NOK 39.01m NOK
+17.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 795 NOK to 3.17m NOK (+113308.3% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 5 394 NOK → 893.9k NOK (+16471.7% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 6 NOK → 6.00m NOK (+6.00m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result +1.88m NOK → +1.54m NOK (op. margin 67207.8% → 48.6%). Calculated

  • ↓

    Net result weakened

    Net result +719.2k NOK → +237.6k NOK (net margin 25730.6% → 7.5%). Calculated