AID INVEST AS: årsregnskap 2020 vs 2019
Grew 465% on revenue, stronger earnings
approved 2021-05-31; registry 2021-07-26; journal 2021 534714
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AID INVEST AS. Revenue 90.2k NOK → 509.0k NOK (+464.6%). Net result +5.21m NOK → +56.06m NOK. Equity 53.93m NOK → 15.11bn NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AID INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 90.2k NOK to 509.0k NOK (+464.6% YoY). Calculated
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↑
Net result improved
Net result +5.21m NOK → +56.06m NOK (net margin 5774.2% → 11013.0%). Calculated
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↑
Equity strengthened
Book equity 53.93m NOK → 15.11bn NOK (equity ratio 55.0% → 10036.4%). Calculated
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↑
Cash rose
Bank deposits 4.14m NOK → 47.74m NOK (+1053.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +214.31bn NOK → -520.1k NOK (op. margin 237705953.9% → -102.2%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 68.54m NOK → 93.05m NOK. Reported fact