2M-INVEST AS: årsregnskap 2020 vs 2019
Shrank 63% on revenue, weaker earnings, cash halved-plus
approved 2021-08-31; registry 2021-10-16; journal 2021 826118
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 2M-INVEST AS. Revenue 413.5k NOK → 151.9k NOK (-63.3%). Net result +9.90m NOK → +3.22m NOK. Equity 50.64m NOK → 51.36m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2M-INVEST AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 50.64m NOK → 51.36m NOK (equity ratio 98.2% → 99.7%). Calculated
-
↑
Payroll decreased
Salary cost 851.6k NOK → 844.4k NOK (206% → 556% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 413.5k NOK to 151.9k NOK (-63.3% YoY). Calculated
-
↓
Operating result weakened
Operating result -912.2k NOK → -1.67m NOK (op. margin -220.6% → -1100.9%). Calculated
-
↓
Net result weakened
Net result +9.90m NOK → +3.22m NOK (net margin 2395.2% → 2116.7%). Calculated
-
↓
Cash fell
Bank deposits 13.00m NOK → 6.16m NOK (-52.6% YoY). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 8.76m NOK → 9.46m NOK. Reported fact