721 INVEST AS: årsregnskap 2020 vs 2019
Another loss-making year
approved 2021-09-14; registry 2021-09-16; journal 2021 761243
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 721 INVEST AS. Net result -1 736 NOK → -6 591 NOK. Equity 11.12m NOK → 11.12m NOK.
On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Operating result
-1 736 NOK
-6 591 NOK
-279.7%
Net result
-1 736 NOK
-6 591 NOK
-279.7%
Equity
11.12m NOK
11.12m NOK
-0.1%
Cash
-1 716 NOK
3 633 NOK
+311.7%
Total assets
128.3k NOK
133.6k NOK
+4.2%
What improved
-
↑
Cash rose
Bank deposits -1 716 NOK → 3 633 NOK (+311.7% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -1 736 NOK → -6 591 NOK. Calculated
-
↓
Net result weakened
Net result -1 736 NOK → -6 591 NOK. Calculated
-
↓
Equity eroded
Book equity 11.12m NOK → 11.12m NOK (equity ratio 8670.8% → 8318.8%). Calculated