FirmaIQ
Org.nr 976 114 329 2018 → 2019 Year-over-year analysis

3ANGLE AS: årsregnskap 2019 vs 2018

Shrank 100% on revenue

approved 2020-04-23; registry 2020-04-28; journal 2020 314459

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 3ANGLE AS. Revenue 80.2k NOK → 0 NOK (-100.0%). Net result +8 063 NOK → +8 NOK. Equity 9 003 NOK → 2 771 NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; net result weakened; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
80.2k NOK 0 NOK
-100.0%
Net result
+8 063 NOK +8 NOK
-99.9%
Equity
9 003 NOK 2 771 NOK
-69.2%
Cash
9 003 NOK 7 677 NOK
-14.7%
Total assets
9 003 NOK 7 677 NOK
-14.7%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.31× → 1.56×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 80.2k NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Net result weakened

    Net result +8 063 NOK → +8 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 9 003 NOK → 2 771 NOK (equity ratio 100.0% → 36.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 9 003 NOK → 7 677 NOK (-14.7% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 NOK → 73.0k NOK. Calculated