Org.nr 913 430 956 2019 → 2020 Year-over-year analysis

INSANIA AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-08-31; registry 2021-09-18; journal 2021 768430

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for INSANIA AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +701.6k NOK → +918.4k NOK. Equity 701.1k NOK → 619.5k NOK.

On the constructive side: net result improved; cash rose; current ratio back above 1×. Pressures included: operating result weakened; equity eroded.

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

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-6 498 NOK -6 763 NOK
-4.1%
Net result
+701.6k NOK +918.4k NOK
+30.9%
Equity
701.1k NOK 619.5k NOK
-11.6%
Cash
320.7k NOK 878.3k NOK
+173.9%
Total assets
613.6k NOK n/m
—

What improved

  • ↑

    Net result improved

    Net result +701.6k NOK → +918.4k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 320.7k NOK → 878.3k NOK (+173.9% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.62× → 11.40×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -6 498 NOK → -6 763 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 701.1k NOK → 619.5k NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 45.0k NOK → 286.3k NOK. Reported fact