3D-KNITTING & TECHNOLOGY AS: årsregnskap 2019 vs 2018
Grew 954% on revenue, weaker earnings
approved 2020-06-25; registry 2020-07-13; journal 2020 569775
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3D-KNITTING & TECHNOLOGY AS. Revenue 48.0k NOK → 505.7k NOK (+953.5%). Net result -49.5k NOK → -289.2k NOK. Equity 2.60m NOK → 309.3k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 48.0k NOK to 505.7k NOK (+953.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -49.6k NOK → -289.5k NOK (op. margin -103.3% → -57.2%). Calculated
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↓
Net result weakened
Net result -49.5k NOK → -289.2k NOK (net margin -103.0% → -57.2%). Calculated
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↓
Equity eroded
Book equity 2.60m NOK → 309.3k NOK (equity ratio 377.4% → 48.2%). Calculated
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↓
Cash fell
Bank deposits 640.5k NOK → 543.7k NOK (-15.1% YoY). Calculated