VEND MARKETPLACES ASA: årsregnskap 2020 vs 2019
Grew 68% on revenue, stronger earnings, cash halved-plus
approved 2021-05-06; registry 2021-09-09; journal 2021 687606
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for VEND MARKETPLACES ASA. Revenue 98.00m NOK → 165.00m NOK (+68.4%). Net result +857.0k NOK → +2.05bn NOK. Equity 12.66bn NOK → 14.15bn NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for VEND MARKETPLACES ASA.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 98.00m NOK to 165.00m NOK (+68.4% YoY). Calculated
-
↑
Net result improved
Net result +857.0k NOK → +2.05bn NOK (net margin 0.9% → 1243.0%). Calculated
-
↑
Equity strengthened
Book equity 12.66bn NOK → 14.15bn NOK (equity ratio 54.4% → 52.8%). Calculated
-
↑
Owners injected capital
Paid-in equity rose 5.19bn NOK → 5.20bn NOK (+15.00m NOK). Reported fact
What deteriorated
-
↓
Operating result weakened
Operating result -251.00m NOK → -319.00m NOK (op. margin -256.1% → -193.3%). Calculated
-
↓
Cash fell
Bank deposits 2.94bn NOK → 983.00m NOK (-66.5% YoY). Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.94bn NOK → 983.00m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Book investments changed
Investment / intangible book value 19.32bn NOK → 24.58bn NOK. Reported fact