FirmaIQ
Org.nr 995 003 163 2019 → 2020 Year-over-year analysis

3D-ELEKTRONIKK AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-06-29; registry 2021-07-20; journal 2021 510395

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 3D-ELEKTRONIKK AS. Revenue 13.61m NOK → 13.17m NOK (-3.2%). Net result +497.3k NOK → +376.7k NOK. Equity 4.06m NOK → 4.44m NOK.

On the constructive side: equity strengthened; cash rose; 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

Revenue
13.61m NOK 13.17m NOK
-3.2%
Operating result
+862.0k NOK +656.9k NOK
-23.8%
Net result
+497.3k NOK +376.7k NOK
-24.3%
Equity
4.06m NOK 4.44m NOK
+9.3%
Cash
1.85m NOK 4.21m NOK
+127.7%
Total assets
9.13m NOK 9.87m NOK
+8.1%

What improved

  • ↑

    Equity strengthened

    Book equity 4.06m NOK → 4.44m NOK (equity ratio 44.5% → 45.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.85m NOK → 4.21m NOK (+127.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.49m NOK → 3.37m NOK (26% → 26% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 13.61m NOK to 13.17m NOK (-3.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +862.0k NOK → +656.9k NOK (op. margin 6.3% → 5.0%). Calculated

  • ↓

    Net result weakened

    Net result +497.3k NOK → +376.7k NOK (net margin 3.7% → 2.9%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 7.82m NOK → 7.59m NOK (-3.0% YoY). Calculated