7ERTSEN AS: årsregnskap 2020 vs 2019
Returned to profit
approved 2021-05-30; registry 2021-06-15; journal 2021 426540
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 7ERTSEN AS. Net result -661.8k NOK → +974.0k NOK. Equity 19.15m NOK → 20.13m NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 7ERTSEN AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 661.8k NOK to a profit of 974.0k NOK. Calculated
-
↑
Equity strengthened
Book equity 19.15m NOK → 20.13m NOK (equity ratio 99.9% → 100.0%). Calculated
-
↑
Cash rose
Bank deposits 1.17m NOK → 2.51m NOK (+115.5% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -13.8k NOK → -39.4k NOK. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 95.0k NOK → 11.62m NOK. Reported fact