7070 INVEST AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-07-26; registry 2021-10-09; journal 2021 794285
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 7070 INVEST AS. Revenue 1 NOK → 1 NOK (0.0%). Net result +2.54m NOK → +1.53m NOK. Equity 1.42m NOK → 2.85m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: operating result weakened; net 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
-
↑
Equity strengthened
Book equity 1.42m NOK → 2.85m NOK (equity ratio 300.8% → 96.5%). Calculated
-
↑
Cash rose
Bank deposits 428 NOK → 293.7k NOK (+68529.4% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -10.0k NOK → -16.3k NOK (op. margin -1000000.0% → -1626600.0%). Calculated
-
↓
Net result weakened
Net result +2.54m NOK → +1.53m NOK (net margin 254145400.0% → 153222400.0%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.01m NOK → 2.55m NOK. Reported fact