Org.nr 924 328 967 2019 → 2020 Year-over-year analysis

NEWCO VENTURES AS: årsregnskap 2020 vs 2019

Slipped into loss, fresh owner capital

approved 2021-03-16; registry 2021-04-12; journal 2021 188253

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for NEWCO VENTURES AS. Net result 0 NOK → -7 194 NOK. Equity 100.0k NOK → 262.2k NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: fell into a net loss; cash fell.

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

Scorecard

Operating result
n/m -9 233 NOK
—
Net result
0 NOK -7 194 NOK
—
Equity
100.0k NOK 262.2k NOK
+162.2%
Cash
100.0k NOK 77.4k NOK
-22.6%
Total assets
100.0k NOK 262.2k NOK
+162.2%

What improved

  • ↑

    Equity strengthened

    Book equity 100.0k NOK → 262.2k NOK (equity ratio 100.0% → 100.0%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 100.0k NOK → 269.4k NOK (+169.4k NOK). Reported fact

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 0 NOK profit to a loss of 7 194 NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 100.0k NOK → 77.4k NOK (-22.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 172 NOK → 5 180 NOK. Reported fact