3B SERVICE AS: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-04-19; registry 2021-04-21; journal 2021 215910
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 3B SERVICE AS. Revenue 6.00m NOK → 6.00m NOK (-0.0%). Net result +63.1k NOK → +397.9k NOK. Equity 1.65m NOK → 2.05m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 3B SERVICE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +160.4k NOK → +511.9k NOK (op. margin 2.7% → 8.5%). Calculated
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Net result improved
Net result +63.1k NOK → +397.9k NOK (net margin 1.1% → 6.6%). Calculated
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Equity strengthened
Book equity 1.65m NOK → 2.05m NOK (equity ratio 53.9% → 62.3%). Calculated
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Cash rose
Bank deposits 42.4k NOK → 82.4k NOK (+94.1% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.00m NOK to 6.00m NOK (-0.0% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 99.4k NOK → 7.00m NOK (2% → 117% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 3.37m NOK → 2.67m NOK (-20.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 673.1k NOK → 304.1k NOK. Reported fact