FirmaIQ
Org.nr 998 824 141 2019 → 2020 Year-over-year analysis

2MBM AS: årsregnskap 2020 vs 2019

Grew 182% on revenue, stronger earnings

approved 2021-08-31; registry 2021-09-16; journal 2021 713056

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 2MBM AS. Revenue 96.2k NOK → 271.0k NOK (+181.6%). Net result +110.4k NOK → +303.1k NOK. Equity 2.19m NOK → 2.50m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

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

At a glance

Scorecard

Revenue
96.2k NOK 271.0k NOK
+181.6%
Operating result
+86.0k NOK +234.8k NOK
+173.1%
Net result
+110.4k NOK +303.1k NOK
+174.5%
Equity
2.19m NOK 2.50m NOK
+13.8%
Cash
1.55m NOK 921.4k NOK
-40.6%
Total assets
2.27m NOK 2.64m NOK
+16.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 96.2k NOK to 271.0k NOK (+181.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +86.0k NOK → +234.8k NOK (op. margin 89.3% → 86.6%). Calculated

  • ↑

    Net result improved

    Net result +110.4k NOK → +303.1k NOK (net margin 114.8% → 111.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.19m NOK → 2.50m NOK (equity ratio 96.8% → 94.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.55m NOK → 921.4k NOK (-40.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 715.3k NOK → 1.72m NOK. Reported fact