3.14 UNLIMITED AS: årsregnskap 2019 vs 2018
Shrank 21% on revenue, slipped into loss, cash halved-plus
approved 2020-07-13; registry 2020-07-30; journal 2020 632210
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3.14 UNLIMITED AS. Revenue 54.2k NOK → 42.8k NOK (-21.1%). Net result +7 371 NOK → -14.7k NOK. Equity 30.8k NOK → 16.1k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3.14 UNLIMITED AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 54.2k NOK to 42.8k NOK (-21.1% YoY). Calculated
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↓
Operating result weakened
Operating result +7 383 NOK → -12.7k NOK (op. margin 13.6% → -29.7%). Calculated
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Fell into a net loss
Net result flipped from 7 371 NOK profit to a loss of 14.7k NOK. Calculated
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Equity eroded
Book equity 30.8k NOK → 16.1k NOK (equity ratio 73.9% → 68.9%). Calculated
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Cash fell
Bank deposits 30.6k NOK → 8 398 NOK (-72.6% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 37.3k NOK → 13.4k NOK (-64.1% YoY). Calculated