A UTVIK INVEST AS: årsregnskap 2020 vs 2019
Grew 957% on revenue, stronger earnings
registry 2021-04-22; journal 2021 203615
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A UTVIK INVEST AS. Revenue 37.1k NOK → 392.3k NOK (+957.4%). Net result +290.6k NOK → +13.98m NOK. Equity 4.14bn NOK → 4.15bn NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 37.1k NOK to 392.3k NOK (+957.4% YoY). Calculated
-
↑
Operating result improved
Operating result -229.5k NOK → -158.6k NOK (op. margin -618.5% → -40.4%). Calculated
-
↑
Net result improved
Net result +290.6k NOK → +13.98m NOK (net margin 783.2% → 3562.9%). Calculated
-
↑
Equity strengthened
Book equity 4.14bn NOK → 4.15bn NOK (equity ratio 2517.8% → 2135.9%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 3 931 NOK → 2 041 NOK (-48.1% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1497.74× → 0.40× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated