FirmaIQ
Org.nr 988 013 811 2019 → 2020 Year-over-year analysis

MUTUS AS: årsregnskap 2020 vs 2019

Grew 1449% on revenue, stronger earnings

approved 2021-08-31; registry 2021-10-07; journal 2021 786711

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for MUTUS AS. Revenue 7.89m NOK → 122.27m NOK (+1449.3%). Net result +7.07m NOK → +122.20m NOK. Equity 123.24m NOK → 230.44m NOK.

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

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

At a glance

Scorecard

Revenue
7.89m NOK 122.27m NOK
+1449.3%
Operating result
+57.5k NOK +121.82m NOK
+211807.3%
Net result
+7.07m NOK +122.20m NOK
+1629.5%
Equity
123.24m NOK 230.44m NOK
+87.0%
Cash
45.22m NOK 112.79m NOK
+149.4%
Total assets
129.04m NOK 230.66m NOK
+78.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.89m NOK to 122.27m NOK (+1449.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +57.5k NOK → +121.82m NOK (op. margin 0.7% → 99.6%). Calculated

  • ↑

    Net result improved

    Net result +7.07m NOK → +122.20m NOK (net margin 89.5% → 99.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 123.24m NOK → 230.44m NOK (equity ratio 95.5% → 99.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 45.22m NOK → 112.79m NOK (+149.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 8.61m NOK → 61.34m NOK. Reported fact