Org.nr 919 825 480 2019 → 2020 Year-over-year analysis

4X4 MEDEX AS: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-03-30; registry 2021-04-06; journal 2021 184802

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 4X4 MEDEX AS. Revenue 0 NOK → 46.2k NOK. Net result -3 531 NOK → +35.1k NOK. Equity 91.9k NOK → 127.0k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 4X4 MEDEX AS.

At a glance

Revenue

0 NOK 46.2k NOK

—

Operating result

-520 NOK +41.3k NOK

+8039.6%

Net result

-3 531 NOK +35.1k NOK

+1093.9%

Equity

91.9k NOK 127.0k NOK

+38.2%

Cash

2 638 NOK 47.6k NOK

+1706.3%

Total assets

206.8k NOK 275.1k NOK

+33.0%

↑
Revenue rose

Operating income / revenue moved from 0 NOK to 46.2k NOK. Calculated
↑
Operating result improved

Operating result -520 NOK → +41.3k NOK. Calculated
↑
Turned profitable

Net result flipped from a loss of 3 531 NOK to a profit of 35.1k NOK. Calculated
↑
Equity strengthened

Book equity 91.9k NOK → 127.0k NOK (equity ratio 44.4% → 46.1%). Calculated
↑
Cash rose

Bank deposits 2 638 NOK → 47.6k NOK (+1706.3% YoY). Calculated

·
Book investments changed

Investment / intangible book value 171.8k NOK → 202.6k NOK. Reported fact