Org.nr 921 594 631 2019 → 2020 Year-over-year analysis

3D INNOVATION NORDIC AS: årsregnskap 2020 vs 2019

Grew 664% on revenue, stronger earnings, fresh owner capital

approved 2021-05-25; registry 2021-06-12; journal 2021 414060

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 3D INNOVATION NORDIC AS. Revenue 2.06m NOK → 15.76m NOK (+664.4%). Net result +4 809 NOK → +612.5k NOK. Equity 229.7k NOK → 772.2k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for 3D INNOVATION NORDIC AS.

Scorecard

Revenue
2.06m NOK 15.76m NOK
+664.4%
Operating result
+45.5k NOK +795.3k NOK
+1647.6%
Net result
+4 809 NOK +612.5k NOK
+12636.7%
Equity
229.7k NOK 772.2k NOK
+236.2%
Cash
10.9k NOK 274.7k NOK
+2430.5%
Total assets
198.8k NOK 4.56m NOK
+2192.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.06m NOK to 15.76m NOK (+664.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +45.5k NOK → +795.3k NOK (op. margin 2.2% → 5.0%). Calculated

  • ↑

    Net result improved

    Net result +4 809 NOK → +612.5k NOK (net margin 0.2% → 3.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 229.7k NOK → 772.2k NOK (equity ratio 115.5% → 16.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 10.9k NOK → 274.7k NOK (+2430.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 226.3k NOK → 693.5k NOK (11% → 4% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 876.2k NOK → 300.2k NOK (-65.7% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 12. Reported fact