3B AUTO AS: årsregnskap 2019 vs 2018
Grew 3831% on revenue, cash halved-plus
approved 2020-04-23; registry 2020-04-28; journal 2020 312421
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3B AUTO AS. Revenue 290.1k NOK → 11.40m NOK (+3830.6%). Equity -208.8k NOK → -109.5k NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 3B AUTO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 290.1k NOK to 11.40m NOK (+3830.6% YoY). Calculated
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↑
Equity strengthened
Book equity -208.8k NOK → -109.5k NOK (equity ratio -6.2% → -3.4%). Calculated
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↑
Payroll decreased
Salary cost 1.59m NOK → 1 770 NOK (547% → 0% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 24.4k NOK → 12 NOK (-100.0% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 361.2k NOK → 9.83m NOK (+2620.2% YoY). Calculated