Org.nr 988 931 187 2019 → 2020 Year-over-year analysis

2TEA AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-06-01; registry 2021-07-17; journal 2021 499016

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 2TEA AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +1.91m NOK → +932.9k NOK. Equity 39.17m NOK → 39.10m NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

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

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+82.08m NOK -73.5k NOK
-100.1%
Net result
+1.91m NOK +932.9k NOK
-51.2%
Equity
39.17m NOK 39.10m NOK
-0.2%
Cash
1.74m NOK 1.07m NOK
-38.4%
Total assets
39.30m NOK 39.82m NOK
+1.3%

What deteriorated

  • ↓

    Operating result weakened

    Operating result +82.08m NOK → -73.5k NOK. Calculated

  • ↓

    Net result weakened

    Net result +1.91m NOK → +932.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 39.17m NOK → 39.10m NOK (equity ratio 99.6% → 98.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.74m NOK → 1.07m NOK (-38.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 16.26m NOK → 16.98m NOK. Reported fact