301 INVEST AS: årsregnskap 2020 vs 2019
Shrank 12% on revenue
approved 2021-05-31; registry 2021-06-22; journal 2021 380906
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 301 INVEST AS. Revenue 462.5k NOK → 406.4k NOK (-12.1%). Net result +45.0k NOK → +47.1k NOK. Equity 1.84m NOK → 1.89m NOK.
On the constructive side: operating result improved; equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.
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
What improved
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↑
Operating result improved
Operating result +24.6k NOK → +87.5k NOK (op. margin 5.3% → 21.5%). Calculated
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↑
Equity strengthened
Book equity 1.84m NOK → 1.89m NOK (equity ratio 97.4% → 94.8%). Calculated
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↑
Cash rose
Bank deposits 211.4k NOK → 874.2k NOK (+313.5% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 462.5k NOK to 406.4k NOK (-12.1% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 NOK → 3300.31bn NOK (0% → 812064485% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 286.7k NOK → 8 464 NOK (-97.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 675.3k NOK → 351.4k NOK. Reported fact