5IVE AS: årsregnskap 2020 vs 2019
Grew 4472% on revenue, stronger earnings
registry 2021-06-03; journal 2021 387972
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 5IVE AS. Revenue 4 550 NOK → 208.0k NOK (+4471.5%). Net result +1 011 NOK → +82.2k NOK. Equity 29.0k NOK → 32.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for 5IVE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 4 550 NOK to 208.0k NOK (+4471.5% YoY). Calculated
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Operating result improved
Operating result +971 NOK → +105.3k NOK (op. margin 21.3% → 50.6%). Calculated
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Net result improved
Net result +1 011 NOK → +82.2k NOK (net margin 22.2% → 39.5%). Calculated
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Equity strengthened
Book equity 29.0k NOK → 32.6k NOK (equity ratio 100.0% → 15.8%). Calculated
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Cash rose
Bank deposits 24.5k NOK → 203.4k NOK (+731.5% YoY). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 29.0k NOK → 24.4k NOK — check capital reduction, conversion, or reclassification. Interpretation