Org.nr 893 159 452 2019 → 2020 Year-over-year analysis

4BROTHERS INVEST AS: årsregnskap 2020 vs 2019

Grew 15% on revenue, cash halved-plus

approved 2021-08-20; registry 2021-09-04; journal 2021 668268

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 4BROTHERS INVEST AS. Revenue 268.2k NOK → 308.8k NOK (+15.1%). Net result +433.8k NOK → +502.4k NOK. Equity 5.41m NOK → 5.91m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Net constructive year on the published lines.

Scorecard

Revenue
268.2k NOK 308.8k NOK
+15.1%
Operating result
+113.6k NOK +167.4k NOK
+47.3%
Net result
+433.8k NOK +502.4k NOK
+15.8%
Equity
5.41m NOK 5.91m NOK
+9.3%
Cash
274.7k NOK 19.5k NOK
-92.9%
Total assets
6.97m NOK 6.64m NOK
-4.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 268.2k NOK to 308.8k NOK (+15.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +113.6k NOK → +167.4k NOK (op. margin 42.4% → 54.2%). Calculated

  • ↑

    Net result improved

    Net result +433.8k NOK → +502.4k NOK (net margin 161.7% → 162.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 5.41m NOK → 5.91m NOK (equity ratio 77.6% → 89.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 274.7k NOK → 19.5k NOK (-92.9% YoY). Calculated