Org.nr 989 106 651 2019 → 2020 Year-over-year analysis

2TEX AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-05-25; registry 2021-07-27; journal 2021 542993

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 2TEX AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +90.4k NOK → +312.6k NOK. Equity 4.15m NOK → 4.26m NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.

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

At a glance

Revenue

0 NOK 0 NOK

0.0%

Operating result

-94.7k NOK -116.0k NOK

-22.5%

Net result

+90.4k NOK +312.6k NOK

+245.8%

Equity

4.15m NOK 4.26m NOK

+2.7%

Cash

1.02m NOK 536.3k NOK

-47.4%

Total assets

5.19m NOK 4.82m NOK

-7.0%

↑
Net result improved

Net result +90.4k NOK → +312.6k NOK. Calculated
↑
Equity strengthened

Book equity 4.15m NOK → 4.26m NOK (equity ratio 80.0% → 88.3%). Calculated

↓
Operating result weakened

Operating result -94.7k NOK → -116.0k NOK. Calculated
↓
Cash fell

Bank deposits 1.02m NOK → 536.3k NOK (-47.4% YoY). Calculated

·
Book investments changed

Investment / intangible book value 1.97m NOK → 3.29m NOK. Reported fact