FirmaIQ
Org.nr 980 292 738 2018 → 2019 Year-over-year analysis

1-2-TRE ELEMENTPRODUKSJON AS: årsregnskap 2019 vs 2018

Shrank 13% on revenue, weaker earnings, cash halved-plus

approved 2020-03-18; registry 2020-04-01; journal 2020 268827

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 1-2-TRE ELEMENTPRODUKSJON AS. Revenue 96.44m NOK → 84.11m NOK (-12.8%). Net result +7.24m NOK → +4.13m NOK. Equity 14.90m NOK → 17.03m NOK.

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

Also worth watching: sharp cash drawdown; cogs fell. All figures are taken from the published annual accounts for 1-2-TRE ELEMENTPRODUKSJON AS.

At a glance

Scorecard

Revenue
96.44m NOK 84.11m NOK
-12.8%
Operating result
n/m +5.58m NOK
—
Net result
+7.24m NOK +4.13m NOK
-43.0%
Equity
14.90m NOK 17.03m NOK
+14.3%
Cash
20.26m NOK 5.00m NOK
-75.3%
Total assets
43.25m NOK 41.88m NOK
-3.2%

What improved

  • ↑

    Equity strengthened

    Book equity 14.90m NOK → 17.03m NOK (equity ratio 34.5% → 40.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 96.44m NOK to 84.11m NOK (-12.8% YoY). Calculated

  • ↓

    Net result weakened

    Net result +7.24m NOK → +4.13m NOK (net margin 7.5% → 4.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 20.26m NOK → 5.00m NOK (-75.3% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (20.26m NOK → 5.00m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 44.22m NOK → 41.10m NOK (-7.1% YoY). Calculated