Org.nr 916 177 097 2019 → 2020 Year-over-year analysis

3D NORGE AS: årsregnskap 2020 vs 2019

Shrank 29% on revenue, stronger earnings

approved 2021-05-31; registry 2021-06-02; journal 2021 371904

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 3D NORGE AS. Revenue 864.5k NOK → 613.7k NOK (-29.0%). Net result +70.1k NOK → +1.00m NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3D NORGE AS.

Scorecard

Revenue
864.5k NOK 613.7k NOK
-29.0%
Operating result
+66.4k NOK +877.0k NOK
+1220.1%
Net result
+70.1k NOK +1.00m NOK
+1330.1%
Equity
n/m 2.45m NOK
—
Cash
547.1k NOK 710.0k NOK
+29.8%
Total assets
1.41m NOK 2.50m NOK
+77.2%

What improved

  • ↑

    Operating result improved

    Operating result +66.4k NOK → +877.0k NOK (op. margin 7.7% → 142.9%). Calculated

  • ↑

    Net result improved

    Net result +70.1k NOK → +1.00m NOK (net margin 8.1% → 163.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 547.1k NOK → 710.0k NOK (+29.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio -40.60× → 46.88×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 864.5k NOK to 613.7k NOK (-29.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 39.6k NOK. Reported fact