3 N SUPPORT AS: årsregnskap 2019 vs 2018
Grew 57% on revenue
approved 2020-05-20; registry 2020-10-06; journal 2020 911065
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3 N SUPPORT AS. Revenue 7.32m NOK → 11.46m NOK (+56.6%). Equity 242.7k NOK → 201.6k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for 3 N SUPPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.32m NOK to 11.46m NOK (+56.6% YoY). Calculated
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↑
Cash rose
Bank deposits 155.8k NOK → 402.5k NOK (+158.4% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 242.7k NOK → 201.6k NOK (equity ratio 10.1% → 4.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 4.88m NOK → 6.95m NOK (67% → 61% of revenue). Calculated