3D INNOVATION NORDIC AS: årsregnskap 2019 vs 2018
Returned to profit, cash halved-plus
approved 2020-08-24; registry 2021-06-07; journal 2021 398181
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3D INNOVATION NORDIC AS. Revenue 0 NOK → 2.06m NOK. Net result -99.6k NOK → +4 809 NOK. Equity 224.8k NOK → 229.7k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 3D INNOVATION NORDIC AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 0 NOK to 2.06m NOK. Calculated
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Operating result improved
Operating result -98.6k NOK → +45.5k NOK. Calculated
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Turned profitable
Net result flipped from a loss of 99.6k NOK to a profit of 4 809 NOK. Calculated
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Equity strengthened
Book equity 224.8k NOK → 229.7k NOK (equity ratio 89.0% → 115.5%). Calculated
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Owners injected capital
Paid-in equity rose 324.4k NOK → 330.0k NOK (+5 570 NOK). Reported fact
What deteriorated
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↓
Cash fell
Bank deposits 252.7k NOK → 10.9k NOK (-95.7% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 9.06× → 0.21× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Payroll increased
Salary cost 0 NOK → 226.3k NOK. Calculated
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·
COGS moved
COGS / varekostnad 0 NOK → 876.2k NOK (None YoY). Calculated