LINK MOBILITY GROUP HOLDING ASA: årsregnskap 2020 vs 2019
Grew 120581% on revenue, returned to profit, fresh owner capital
approved 2021-04-26; registry 2021-09-13; journal 2021 699986
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for LINK MOBILITY GROUP HOLDING ASA. Revenue 2.93m NOK → 3.54bn NOK (+120581.4%). Net result -393.0k NOK → +29.09m NOK. Equity 2.73bn NOK → 4.94bn NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for LINK MOBILITY GROUP HOLDING ASA.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 2.93m NOK to 3.54bn NOK (+120581.4% YoY). Calculated
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Operating result improved
Operating result -394.0k NOK → -369.0k NOK (op. margin -13.4% → -0.0%). Calculated
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Turned profitable
Net result flipped from a loss of 393.0k NOK to a profit of 29.09m NOK. Calculated
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Equity strengthened
Book equity 2.73bn NOK → 4.94bn NOK (equity ratio 100.0% → 70.3%). Calculated
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Cash rose
Bank deposits 22.0k NOK → 122.23m NOK (+555509.1% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 2.73bn NOK → 6.90bn NOK. Reported fact