3D MEDIA AS: årsregnskap 2020 vs 2019
Shrank 15% on revenue, weaker earnings
approved 2021-06-17; registry 2021-06-21; journal 2021 452273
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 3D MEDIA AS. Revenue 601.1k NOK → 509.8k NOK (-15.2%). Net result +62.6k NOK → +9 583 NOK. Equity 314.0k NOK → 323.6k NOK.
On the constructive side: equity strengthened; cash rose; owners injected capital. 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 MEDIA AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 314.0k NOK → 323.6k NOK (equity ratio 71.8% → 79.3%). Calculated
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↑
Cash rose
Bank deposits 254.3k NOK → 317.9k NOK (+25.0% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 314.0k NOK → 323.6k NOK (+9 585 NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 601.1k NOK to 509.8k NOK (-15.2% YoY). Calculated
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↓
Operating result weakened
Operating result +68.6k NOK → +14.6k NOK (op. margin 11.4% → 2.9%). Calculated
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↓
Net result weakened
Net result +62.6k NOK → +9 583 NOK (net margin 10.4% → 1.9%). Calculated
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↓
Payroll up without matching revenue
Salary cost 106.7k NOK → 192.2k NOK (18% → 38% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 195.3k NOK → 132.7k NOK (-32.1% YoY). Calculated