Org.nr 918 321 659 2018 → 2019 Year-over-year analysis

3 N LOGISTICS AS: årsregnskap 2019 vs 2018

Another loss-making year

approved 2020-05-18; registry 2020-10-06; journal 2020 911059

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 3 N LOGISTICS AS. Revenue 127.66m NOK → 122.94m NOK (-3.7%). Equity 24.68m NOK → 24.52m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for 3 N LOGISTICS AS.

At a glance

Revenue

127.66m NOK 122.94m NOK

-3.7%

Operating result

n/m -182.6k NOK

—

Net result

n/m -2.16m NOK

—

Equity

24.68m NOK 24.52m NOK

-0.7%

Cash

788.9k NOK 796.1k NOK

+0.9%

Total assets

75.25m NOK 94.47m NOK

+25.5%

↑
Cash rose

Bank deposits 788.9k NOK → 796.1k NOK (+0.9% YoY). Calculated
↑
Payroll decreased

Salary cost 19.23m NOK → 14.64m NOK (15% → 12% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 127.66m NOK to 122.94m NOK (-3.7% YoY). Calculated
↓
Equity eroded

Book equity 24.68m NOK → 24.52m NOK (equity ratio 32.8% → 26.0%). Calculated

·
Paid-in equity reduced

Paid-in equity fell 40.03m NOK → 24.52m NOK — check capital reduction, conversion, or reclassification. Interpretation
·
COGS fell

COGS / varekostnad 96.93m NOK → 94.34m NOK (-2.7% YoY). Calculated