FirmaIQ
Org.nr 923 680 942 2019 → 2020 Year-over-year analysis

3B AGRO AS: årsregnskap 2020 vs 2019

Grew 98% on revenue, stronger earnings, cash halved-plus

approved 2021-04-16; registry 2021-04-21; journal 2021 215790

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 3B AGRO AS. Revenue 1.89m NOK → 3.75m NOK (+98.5%). Net result +74.8k NOK → +98.9k NOK. Equity 99.2k NOK → 198.2k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 3B AGRO AS.

At a glance

Scorecard

Revenue
1.89m NOK 3.75m NOK
+98.5%
Operating result
+94.2k NOK +119.7k NOK
+27.0%
Net result
+74.8k NOK +98.9k NOK
+32.3%
Equity
99.2k NOK 198.2k NOK
+99.7%
Cash
333.6k NOK 80.8k NOK
-75.8%
Total assets
1.43m NOK 1.15m NOK
-19.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.89m NOK to 3.75m NOK (+98.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +94.2k NOK → +119.7k NOK (op. margin 5.0% → 3.2%). Calculated

  • ↑

    Net result improved

    Net result +74.8k NOK → +98.9k NOK (net margin 4.0% → 2.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 99.2k NOK → 198.2k NOK (equity ratio 7.0% → 17.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 333.6k NOK → 80.8k NOK (-75.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1 795 NOK → 3.31m NOK (+184034.0% YoY). Calculated