Org.nr 989 211 013 2019 → 2020 Year-over-year analysis

A. MARTINSEN INVEST AS: årsregnskap 2020 vs 2019

Slipped into loss, cash halved-plus

approved 2021-03-29; registry 2021-04-19; journal 2021 196257

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A. MARTINSEN INVEST AS. Revenue 122.4k NOK → 122.4k NOK (0.0%). Net result +3.96m NOK → -1.09m NOK.

On the constructive side: current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; cash fell.

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

At a glance

Revenue

122.4k NOK 122.4k NOK

0.0%

Operating result

+54.5k NOK -84.5k NOK

-255.0%

Net result

+3.96m NOK -1.09m NOK

-127.4%

Cash

492.9k NOK 29.0k NOK

-94.1%

Total assets

13.27m NOK n/m

—

↓
Operating result weakened

Operating result +54.5k NOK → -84.5k NOK (op. margin 44.5% → -69.0%). Calculated
↓
Fell into a net loss

Net result flipped from 3.96m NOK profit to a loss of 1.09m NOK. Calculated
↓
Cash fell

Bank deposits 492.9k NOK → 29.0k NOK (-94.1% YoY). Calculated

·
Book investments changed

Investment / intangible book value 12.07m NOK → 10.91m NOK. Reported fact