3D PRINTING AS: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-06-15; registry 2021-07-01; journal 2021 435380
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 3D PRINTING AS. Revenue 150.0k NOK → 150.0k NOK (0.0%). Net result -1.04m NOK → -179.4k NOK. Equity -253.1k NOK → -432.5k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3D PRINTING AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -1.03m NOK → -179.4k NOK (op. margin -684.8% → -119.6%). Calculated
-
↑
Net result improved
Net result -1.04m NOK → -179.4k NOK (net margin -690.6% → -119.6%). Calculated
-
↑
Cash rose
Bank deposits 168.0k NOK → 269.5k NOK (+60.4% YoY). Calculated
-
↑
Payroll decreased
Salary cost 480.9k NOK → -28.5k NOK (321% → -19% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -253.1k NOK → -432.5k NOK (equity ratio -41.7% → -160.5%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -160.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation