99X INVESTMENT AS: årsregnskap 2021 vs 2020
Grew 9021% on revenue, slipped into loss, fresh owner capital
approved 2022-12-15; registry 2023-01-14; journal 2023 300917
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 99X INVESTMENT AS. Revenue 993 NOK → 90.6k NOK (+9020.9%). Net result +5 NOK → -544.1k NOK. Equity 30.0k NOK → 4.29bn NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: fell into a net loss.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 99X INVESTMENT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 993 NOK to 90.6k NOK (+9020.9% YoY). Calculated
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↑
Equity strengthened
Book equity 30.0k NOK → 4.29bn NOK (equity ratio 50.0% → 1466.6%). Calculated
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↑
Cash rose
Bank deposits 30.0k NOK → 1.03m NOK (+3322.8% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 30.0k NOK → 292.55m NOK (+292.52m NOK). Reported fact
What deteriorated
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↓
Fell into a net loss
Net result flipped from 5 NOK profit to a loss of 544.1k NOK. Calculated
Things to notice
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·
Payroll increased
Salary cost 6 NOK → 37.8k NOK (1% → 42% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 63 NOK → 5 328 NOK (+8357.1% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 1 NOK → 291.63m NOK. Reported fact