A70 INVEST AS: årsregnskap 2020 vs 2019
Stronger earnings, cash halved-plus
approved 2021-08-31; registry 2021-09-27; journal 2021 742965
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for A70 INVEST AS. Net result +5 NOK → +79.1k NOK. Equity 2.98m NOK → 2.86m NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
n/m
75.0k NOK
—
Operating result
-18.5k NOK
+49.7k NOK
+368.6%
Net result
+5 NOK
+79.1k NOK
+1581040.0%
Equity
2.98m NOK
2.86m NOK
-4.1%
Cash
931.6k NOK
223.6k NOK
-76.0%
Total assets
3.34m NOK
3.12m NOK
-6.7%
What improved
-
↑
Operating result improved
Operating result -18.5k NOK → +49.7k NOK. Calculated
-
↑
Net result improved
Net result +5 NOK → +79.1k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 2.98m NOK → 2.86m NOK (equity ratio 89.2% → 91.7%). Calculated
-
↓
Cash fell
Bank deposits 931.6k NOK → 223.6k NOK (-76.0% YoY). Calculated