Org.nr 981 580 435 2018 → 2019 Year-over-year analysis

3 T PIRBADET AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2019-12-31; registry 2020-09-12; journal 2020 797253

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 3 T PIRBADET AS. Revenue 9.25m NOK → 9.02m NOK (-2.5%). Net result -721.1k NOK → -119.8k NOK. Equity 6.99m NOK → 869.6k NOK.

On the constructive side: net result improved; cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for 3 T PIRBADET AS.

Scorecard

Revenue
9.25m NOK 9.02m NOK
-2.5%
Operating result
n/m -176.5k NOK
—
Net result
-721.1k NOK -119.8k NOK
+83.4%
Equity
6.99m NOK 869.6k NOK
-87.6%
Cash
143.4k NOK 171.5k NOK
+19.6%
Total assets
2.32m NOK 2.42m NOK
+4.3%

What improved

  • ↑

    Net result improved

    Net result -721.1k NOK → -119.8k NOK (net margin -7.8% → -1.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 143.4k NOK → 171.5k NOK (+19.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.25m NOK to 9.02m NOK (-2.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 6.99m NOK → 869.6k NOK (equity ratio 301.2% → 35.9%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 8.80m NOK → 8.97m NOK (95% → 99% of revenue). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 3.35m NOK → 2.00m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 357.8k NOK → 351.1k NOK (-1.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 7 035 NOK → 2 206 NOK. Reported fact