7070 INVEST AS: årsregnskap 2019 vs 2018
Stronger earnings
approved 2020-08-31; registry 2020-10-06; journal 2020 916557
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 7070 INVEST AS. Revenue 1 NOK → 1 NOK (0.0%). Net result +1.12m NOK → +2.54m NOK. Equity 1.17m NOK → 1.42m NOK.
On the constructive side: net result improved; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 7070 INVEST AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result +1.12m NOK → +2.54m NOK (net margin 112086100.0% → 254145400.0%). Calculated
-
↑
Equity strengthened
Book equity 1.17m NOK → 1.42m NOK (equity ratio 96.4% → 300.8%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.76× → 8.34×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -8 NOK → -10.0k NOK (op. margin -800.0% → -1000000.0%). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 1 184 NOK → 1.01m NOK. Reported fact