You have applied for a job as an investment analyst in a stockbroker and have been asked to prepare an analysis of the financial performance of Anonymous Ltd based solely on the material on the following page. The following summarised financial statements of Anonymous Ltd for the last two years. Profit and Loss Statements for the year ended November 30th ('000) Revenue 2019 4,940 2020 6,850 Cost of Goods Sold Opening inventory 630 930 Purchases 3.320 4.870 3,950 5,700 Closing inventory -930 -3,020 -1,150 -4,550 Gross Profit 1,920 2,300 Operating expenses -1,460 -1,850 Operating profit 460 450 ASSETS Balance Sheet at November 30th ('000) 2019 2020 Non-current assets 2.600 3.210 Current assets Inventory 930 1,850 Trade receivables 820 1,230 Cash/bank 20 10 1.770 3.090 Total Assets 4.370 6.300 EQUITY and LIABILITIES Equity 1 ordinary shares 1,000 1,800 Share premium 400 Reserves 2,810 3.260 3.810 5.460 Current liabilities 560 840 Total Equity and Liabilities 4.370 6.300