FirmaIQ
Org.nr 915 282 814 2018 → 2019 Year-over-year analysis

301 INVEST AS: årsregnskap 2019 vs 2018

Shrank 84% on revenue, weaker earnings, cash halved-plus

approved 2020-02-10; registry 2020-02-20; journal 2020 212743

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 301 INVEST AS. Revenue 2.91m NOK → 462.5k NOK (-84.1%). Net result +907.8k NOK → +45.0k NOK. Equity 1.98m NOK → 1.84m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 301 INVEST AS.

At a glance

Scorecard

Revenue
2.91m NOK 462.5k NOK
-84.1%
Operating result
+934.2k NOK +24.6k NOK
-97.4%
Net result
+907.8k NOK +45.0k NOK
-95.0%
Equity
1.98m NOK 1.84m NOK
-7.1%
Cash
626.7k NOK 211.4k NOK
-66.3%
Total assets
43.5k NOK 1.89m NOK
+4238.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.91m NOK to 462.5k NOK (-84.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +934.2k NOK → +24.6k NOK (op. margin 32.1% → 5.3%). Calculated

  • ↓

    Net result weakened

    Net result +907.8k NOK → +45.0k NOK (net margin 31.1% → 9.7%). Calculated

  • ↓

    Equity eroded

    Book equity 1.98m NOK → 1.84m NOK (equity ratio 4549.8% → 97.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 626.7k NOK → 211.4k NOK (-66.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 701.6k NOK → 286.7k NOK (-59.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 731.4k NOK → 675.3k NOK. Reported fact