3 NORSKE AS: årsregnskap 2019 vs 2018
Shrank 100% on revenue, slipped into loss, fresh owner capital
approved 2020-05-08; registry 2020-10-10; journal 2020 918694
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3 NORSKE AS. Revenue 986.93m NOK → 30.0k NOK (-100.0%). Net result +28.65m NOK → -25.10m NOK. Equity 218.90m NOK → 196.53m NOK.
On the constructive side: operating result improved; owners injected capital. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3 NORSKE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -1.54m NOK → -886.1k NOK (op. margin -0.2% → -2953.7%). Calculated
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↑
Owners injected capital
Paid-in equity rose 100.0k NOK → 1.10m NOK (+1.00m NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 986.93m NOK to 30.0k NOK (-100.0% YoY). Calculated
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↓
Fell into a net loss
Net result flipped from 28.65m NOK profit to a loss of 25.10m NOK. Calculated
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↓
Equity eroded
Book equity 218.90m NOK → 196.53m NOK (equity ratio 65.9% → 64.6%). Calculated
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↓
Cash fell
Bank deposits 108.03m NOK → 95.72m NOK (-11.4% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 309.85m NOK → 341.50m NOK (31% → 1138330% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 320.21m NOK → 297.83m NOK (-7.0% YoY). Calculated