FirmaIQ
Org.nr 920 223 680 2019 → 2020 Year-over-year analysis

MGINVEST AS: årsregnskap 2020 vs 2019

Grew 1459% on revenue, returned to profit

approved 2021-02-01; registry 2021-03-11; journal 2021 143379

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for MGINVEST AS. Revenue 282 NOK → 4 397 NOK (+1459.2%). Net result -9 483 NOK → +4.39m NOK. Equity 73.5k NOK → 4.46m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
282 NOK 4 397 NOK
+1459.2%
Operating result
-4 997 NOK +4.39m NOK
+87995.1%
Net result
-9 483 NOK +4.39m NOK
+46388.0%
Equity
73.5k NOK 4.46m NOK
+5970.2%
Cash
8 436 NOK 4.68m NOK
+55347.1%
Total assets
592.8k NOK 777.5k NOK
+31.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 282 NOK to 4 397 NOK (+1459.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -4 997 NOK → +4.39m NOK (op. margin -1772.0% → 99889.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 9 483 NOK to a profit of 4.39m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 73.5k NOK → 4.46m NOK (equity ratio 12.4% → 574.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 8 436 NOK → 4.68m NOK (+55347.1% YoY). Calculated