FirmaIQ
Org.nr 821 441 072 2020 → 2021 Year-over-year analysis

7070 INVEST AS: årsregnskap 2021 vs 2020

Stronger earnings, cash halved-plus

approved 2022-06-22; registry 2022-08-13; journal 2022 858256

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for 7070 INVEST AS. Revenue 1 NOK → 1 NOK (0.0%). Net result +1.53m NOK → +2.28m NOK. Equity 2.85m NOK → 2.87m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 7070 INVEST AS.

At a glance

Scorecard

Revenue
1 NOK 1 NOK
0.0%
Operating result
-16.3k NOK -13.8k NOK
+15.4%
Net result
+1.53m NOK +2.28m NOK
+48.7%
Equity
2.85m NOK 2.87m NOK
+1.0%
Cash
293.7k NOK 28.3k NOK
-90.4%
Total assets
2.95m NOK 2.90m NOK
-1.6%

What improved

  • ↑

    Operating result improved

    Operating result -16.3k NOK → -13.8k NOK (op. margin -1626600.0% → -1376200.0%). Calculated

  • ↑

    Net result improved

    Net result +1.53m NOK → +2.28m NOK (net margin 153222400.0% → 227766000.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.85m NOK → 2.87m NOK (equity ratio 96.5% → 99.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 293.7k NOK → 28.3k NOK (-90.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.55m NOK → 1.06m NOK. Reported fact