Org.nr 991 960 740 2019 → 2020 Year-over-year analysis

58PLUS AS: årsregnskap 2020 vs 2019

Slipped into loss

approved 2021-05-14; registry 2021-06-19; journal 2021 360589

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 58PLUS AS. Net result +660.1k NOK → -1.19m NOK. Equity 10.22m NOK → 9.03m NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 58PLUS AS.

At a glance

Operating result

-24.1k NOK -101.1k NOK

-320.3%

Net result

+660.1k NOK -1.19m NOK

-279.7%

Equity

10.22m NOK 9.03m NOK

-11.6%

Cash

842.4k NOK 669.5k NOK

-20.5%

Total assets

10.62m NOK 9.40m NOK

-11.5%

↓
Operating result weakened

Operating result -24.1k NOK → -101.1k NOK. Calculated
↓
Fell into a net loss

Net result flipped from 660.1k NOK profit to a loss of 1.19m NOK. Calculated
↓
Equity eroded

Book equity 10.22m NOK → 9.03m NOK (equity ratio 96.3% → 96.1%). Calculated
↓
Cash fell

Bank deposits 842.4k NOK → 669.5k NOK (-20.5% YoY). Calculated

·
Book investments changed

Investment / intangible book value 6.68m NOK → 5.72m NOK. Reported fact