Org.nr 980 888 657 2019 → 2020 Year-over-year analysis

3 T LEVANGER AS: årsregnskap 2020 vs 2019

Shrank 14% on revenue

approved 2021-06-30; registry 2021-07-27; journal 2021 544318

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 3 T LEVANGER AS. Revenue 9.36m NOK → 8.05m NOK (-14.1%). Net result +1.16m NOK → +1.02m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3 T LEVANGER AS.

Scorecard

Revenue
9.36m NOK 8.05m NOK
-14.1%
Operating result
+1.37m NOK +1.22m NOK
-11.0%
Net result
+1.16m NOK +1.02m NOK
-12.1%
Equity
1.29m NOK n/m
—
Cash
388.6k NOK 423.6k NOK
+9.0%
Total assets
4.91m NOK 6.94m NOK
+41.4%

What improved

  • ↑

    Cash rose

    Bank deposits 388.6k NOK → 423.6k NOK (+9.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.36m NOK to 8.05m NOK (-14.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.37m NOK → +1.22m NOK (op. margin 14.6% → 15.1%). Calculated

  • ↓

    Net result weakened

    Net result +1.16m NOK → +1.02m NOK (net margin 12.4% → 12.7%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 338.3k NOK → 260.7k NOK (-22.9% YoY). Calculated