3D-PROSJEKT AS: årsregnskap 2020 vs 2019
Shrank 45% on revenue, weaker earnings, cash halved-plus
registry 2021-05-20; journal 2021 305320
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 3D-PROSJEKT AS. Revenue 353.6k NOK → 194.9k NOK (-44.9%). Net result +58.8k NOK → +18.2k NOK. Equity 1.68m NOK → 1.70m NOK.
On the constructive side: equity strengthened. 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-PROSJEKT AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 1.68m NOK → 1.70m NOK (equity ratio 44.6% → 47.2%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 353.6k NOK to 194.9k NOK (-44.9% YoY). Calculated
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↓
Operating result weakened
Operating result +133.8k NOK → +68.0k NOK (op. margin 37.9% → 34.9%). Calculated
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↓
Net result weakened
Net result +58.8k NOK → +18.2k NOK (net margin 16.6% → 9.4%). Calculated
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↓
Cash fell
Bank deposits 41.1k NOK → 10.0k NOK (-75.7% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 105.0k NOK → 745 NOK (-99.3% YoY). Calculated