FirmaIQ
Org.nr 912 530 485 2019 → 2020 Year-over-year analysis

2MTR AS: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-06-28; registry 2021-07-12; journal 2021 558419

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 2MTR AS. Revenue 21.7k NOK → 21.7k NOK (0.0%). Net result -42.5k NOK → +5.86m NOK. Equity 1.58m NOK → 2.43m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened.

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

At a glance

Scorecard

Revenue
21.7k NOK 21.7k NOK
0.0%
Operating result
-26.7k NOK -11.0k NOK
+58.9%
Net result
-42.5k NOK +5.86m NOK
+13875.6%
Equity
1.58m NOK 2.43m NOK
+54.3%
Cash
823.7k NOK 926.4k NOK
+12.5%
Total assets
4.44m NOK 4.74m NOK
+6.8%

What improved

  • ↑

    Operating result improved

    Operating result -26.7k NOK → -11.0k NOK (op. margin -123.1% → -50.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 42.5k NOK to a profit of 5.86m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.58m NOK → 2.43m NOK (equity ratio 35.5% → 51.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 823.7k NOK → 926.4k NOK (+12.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 7 NOK → 3.14m NOK. Reported fact