FirmaIQ
Org.nr 920 223 680 2020 → 2021 Year-over-year analysis

MGINVEST AS: årsregnskap 2021 vs 2020

Grew 146% on revenue, cash halved-plus

approved 2022-03-28; registry 2022-04-21; journal 2022 212728

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for MGINVEST AS. Revenue 4 397 NOK → 10.8k NOK (+145.5%). Net result +4.39m NOK → +4.51m NOK. Equity 4.46m NOK → 4.98m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for MGINVEST AS.

At a glance

Scorecard

Revenue
4 397 NOK 10.8k NOK
+145.5%
Operating result
+4.39m NOK +1 385 NOK
-100.0%
Net result
+4.39m NOK +4.51m NOK
+2.9%
Equity
4.46m NOK 4.98m NOK
+11.5%
Cash
4.68m NOK 477.6k NOK
-89.8%
Total assets
777.5k NOK 5.25m NOK
+574.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4 397 NOK to 10.8k NOK (+145.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 4.46m NOK → 4.98m NOK (equity ratio 574.0% → 94.9%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +4.39m NOK → +1 385 NOK (op. margin 99889.0% → 12.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.68m NOK → 477.6k NOK (-89.8% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (4.68m NOK → 477.6k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation