Org.nr 922 330 468 2019 → 2020 Year-over-year analysis

3 MILLIMETER AS: årsregnskap 2020 vs 2019

Shrank 88% on revenue, returned to profit

approved 2021-08-16; registry 2021-09-23; journal 2021 795649

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 3 MILLIMETER AS. Revenue 128.2k NOK → 15.1k NOK (-88.2%). Net result -5 572 NOK → +6 NOK. Equity 24.4k NOK → 24.4k NOK.

On the constructive side: operating result improved; turned profitable. Pressures included: revenue fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3 MILLIMETER AS.

Scorecard

Revenue
128.2k NOK 15.1k NOK
-88.2%
Operating result
-5 586 NOK -5 585 NOK
+0.0%
Net result
-5 572 NOK +6 NOK
+100.1%
Equity
24.4k NOK 24.4k NOK
+0.0%
Cash
24.4k NOK 24.4k NOK
+0.0%
Total assets
951.0k NOK 935.9k NOK
-1.6%

What improved

  • ↑

    Operating result improved

    Operating result -5 586 NOK → -5 585 NOK (op. margin -4.4% → -37.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 5 572 NOK to a profit of 6 NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 128.2k NOK to 15.1k NOK (-88.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 926.6k NOK → 911.5k NOK. Reported fact