3280 INVEST AS: årsregnskap 2019 vs 2018
Grew 20% on revenue, weaker earnings
approved 2020-04-27; registry 2020-05-07; journal 2020 335286
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3280 INVEST AS. Revenue 105.0k NOK → 126.3k NOK (+20.3%). Net result -45.7k NOK → -78.8k NOK. Equity 7.98m NOK → 902.7k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3280 INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 105.0k NOK to 126.3k NOK (+20.3% YoY). Calculated
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↑
Cash rose
Bank deposits 445 NOK → 262.2k NOK (+58815.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.01× → 20.77×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +19.1k NOK → -9 146 NOK (op. margin 18.2% → -7.2%). Calculated
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↓
Net result weakened
Net result -45.7k NOK → -78.8k NOK (net margin -43.6% → -62.4%). Calculated
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↓
Equity eroded
Book equity 7.98m NOK → 902.7k NOK (equity ratio 235.4% → 28.2%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 23.6k NOK → 11.5k NOK. Reported fact