5D VEKST AS: årsregnskap 2020 vs 2019
Shrank 29% on revenue, stronger earnings, cash halved-plus
approved 2020-12-31; registry 2021-06-05; journal 2021 389192
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 5D VEKST AS. Revenue 322.8k NOK → 228.8k NOK (-29.1%). Net result +154.9k NOK → +273.1k NOK. Equity -26.8k NOK → 13.25m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 5D VEKST AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -11.2k NOK → +67.1k NOK (op. margin -3.5% → 29.3%). Calculated
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↑
Net result improved
Net result +154.9k NOK → +273.1k NOK (net margin 48.0% → 119.4%). Calculated
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↑
Equity strengthened
Book equity -26.8k NOK → 13.25m NOK (equity ratio -3.1% → 1857.7%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 322.8k NOK to 228.8k NOK (-29.1% YoY). Calculated
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↓
Cash fell
Bank deposits 297.8k NOK → 81.4k NOK (-72.7% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 5 000 NOK → 105.0k NOK. Reported fact