FirmaIQ
Org.nr 991 147 489 2018 → 2019 Year-over-year analysis

2M-INVEST AS: årsregnskap 2019 vs 2018

Shrank 39% on revenue, returned to profit

approved 2020-08-27; registry 2020-09-05; journal 2020 759898

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 2M-INVEST AS. Revenue 673.2k NOK → 413.5k NOK (-38.6%). Net result -2.56m NOK → +9.90m NOK. Equity 40.74m NOK → 50.64m NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell.

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

At a glance

Scorecard

Revenue
673.2k NOK 413.5k NOK
-38.6%
Operating result
n/m -912.2k NOK
—
Net result
-2.56m NOK +9.90m NOK
+487.6%
Equity
40.74m NOK 50.64m NOK
+24.3%
Cash
1.46m NOK 13.00m NOK
+788.3%
Total assets
43.51m NOK 51.58m NOK
+18.5%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 2.56m NOK to a profit of 9.90m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 40.74m NOK → 50.64m NOK (equity ratio 93.6% → 98.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.46m NOK → 13.00m NOK (+788.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 673.2k NOK to 413.5k NOK (-38.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 10.18m NOK → 8.76m NOK. Reported fact