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
Summary
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.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 268.2k NOK to 308.8k NOK (+15.1% YoY). Calculated
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↑
Operating result improved
Operating result +113.6k NOK → +167.4k NOK (op. margin 42.4% → 54.2%). Calculated
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↑
Net result improved
Net result +433.8k NOK → +502.4k NOK (net margin 161.7% → 162.7%). Calculated
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↑
Equity strengthened
Book equity 5.41m NOK → 5.91m NOK (equity ratio 77.6% → 89.0%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 274.7k NOK → 19.5k NOK (-92.9% YoY). Calculated