3 T PIRBADET AS: årsregnskap 2020 vs 2019
Shrank 15% on revenue, weaker earnings
approved 2021-06-30; registry 2021-07-27; journal 2021 543876
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 3 T PIRBADET AS. Revenue 9.02m NOK → 7.65m NOK (-15.1%). Net result -119.8k NOK → -230.7k NOK. Equity 869.6k NOK → 11.64m NOK.
On the constructive side: equity strengthened. 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 PIRBADET AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 869.6k NOK → 11.64m NOK (equity ratio 35.9% → 572.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 9.02m NOK to 7.65m NOK (-15.1% YoY). Calculated
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↓
Operating result weakened
Operating result -176.5k NOK → -261.2k NOK (op. margin -2.0% → -3.4%). Calculated
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↓
Net result weakened
Net result -119.8k NOK → -230.7k NOK (net margin -1.3% → -3.0%). Calculated
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↓
Cash fell
Bank deposits 171.5k NOK → 133.7k NOK (-22.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 351.1k NOK → 217.1k NOK (-38.2% YoY). Calculated