Org.nr 922 250 197 2019 → 2020 Year-over-year analysis

3C TECHNOLOGY HOLDING AS: årsregnskap 2020 vs 2019

Returned to profit

approved 2021-07-07; registry 2021-07-31; journal 2021 563467

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 3C TECHNOLOGY HOLDING AS. Net result -80.0k NOK → +23.46m NOK. Equity 6.16m NOK → 26.33m NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: operating result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3C TECHNOLOGY HOLDING AS.

Scorecard

Operating result
-6 546 NOK -33.3k NOK
-408.2%
Net result
-80.0k NOK +23.46m NOK
+29425.7%
Equity
6.16m NOK 26.33m NOK
+327.0%
Cash
287.8k NOK 10.73m NOK
+3627.2%
Total assets
6.32m NOK 27.63m NOK
+337.3%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 80.0k NOK to a profit of 23.46m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 6.16m NOK → 26.33m NOK (equity ratio 97.6% → 95.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 287.8k NOK → 10.73m NOK (+3627.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -6 546 NOK → -33.3k NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 30.0k NOK → 7.12m NOK. Reported fact