3D-ELEKTRONIKK AS: årsregnskap 2019 vs 2018
Shrank 7% on revenue, cash halved-plus
approved 2020-05-27; registry 2020-06-20; journal 2020 458219
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3D-ELEKTRONIKK AS. Revenue 14.66m NOK → 13.61m NOK (-7.2%). Net result +585.0k NOK → +497.3k NOK. Equity 3.57m NOK → 4.06m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3D-ELEKTRONIKK AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 3.57m NOK → 4.06m NOK (equity ratio 35.9% → 44.5%). Calculated
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↑
Payroll decreased
Salary cost 3.62m NOK → 3.49m NOK (25% → 26% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 14.66m NOK to 13.61m NOK (-7.2% YoY). Calculated
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↓
Operating result weakened
Operating result +979.3k NOK → +862.0k NOK (op. margin 6.7% → 6.3%). Calculated
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↓
Net result weakened
Net result +585.0k NOK → +497.3k NOK (net margin 4.0% → 3.7%). Calculated
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↓
Cash fell
Bank deposits 4.06m NOK → 1.85m NOK (-54.4% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 8.56m NOK → 7.82m NOK (-8.6% YoY). Calculated