3BR CONSULTING AS: årsregnskap 2019 vs 2018
Grew 19494% on revenue, slipped into loss
approved 2020-06-10; registry 2020-06-20; journal 2020 468200
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3BR CONSULTING AS. Revenue 13.7k NOK → 2.69m NOK (+19494.4%). Net result +4.18m NOK → -15.4k NOK. Equity 4.20m NOK → 40.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for 3BR CONSULTING AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 13.7k NOK to 2.69m NOK (+19494.4% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +226.3k NOK → -14.0k NOK (op. margin 1651.8% → -0.5%). Calculated
-
↓
Fell into a net loss
Net result flipped from 4.18m NOK profit to a loss of 15.4k NOK. Calculated
-
↓
Equity eroded
Book equity 4.20m NOK → 40.8k NOK (equity ratio 573.9% → 7.8%). Calculated
-
↓
Cash fell
Bank deposits 504.2k NOK → 301.7k NOK (-40.2% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 7.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 875.7k NOK → 2.20m NOK (6390% → 82% of revenue). Calculated