3 PIKER AS: årsregnskap 2020 vs 2019
Grew 259274% on revenue, stronger earnings
approved 2021-05-31; registry 2021-06-03; journal 2021 381874
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 3 PIKER AS. Revenue 1 176 NOK → 3.05m NOK (+259273.6%). Net result +37.1k NOK → +2.13m NOK. Equity 61.5k NOK → 2.19m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 3 PIKER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1 176 NOK to 3.05m NOK (+259273.6% YoY). Calculated
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Operating result improved
Operating result +66.0k NOK → +188.7k NOK (op. margin 5612.1% → 6.2%). Calculated
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Net result improved
Net result +37.1k NOK → +2.13m NOK (net margin 3152.6% → 69.7%). Calculated
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Equity strengthened
Book equity 61.5k NOK → 2.19m NOK (equity ratio 12.3% → 3247.6%). Calculated
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Cash rose
Bank deposits 136.1k NOK → 542.6k NOK (+298.6% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 2.94× → 0.10× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Payroll increased
Salary cost 5 248 NOK → 510.9k NOK (446% → 17% of revenue). Calculated
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COGS moved
COGS / varekostnad 619.3k NOK → 1.82m NOK (+193.4% YoY). Calculated