3D VERIFIER AS: årsregnskap 2020 vs 2019
Grew 14% on revenue, stronger earnings
approved 2021-07-20; registry 2021-07-24; journal 2021 588578
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 3D VERIFIER AS. Revenue 1.62m NOK → 1.84m NOK (+14.0%). Net result -406.1k NOK → -175.4k NOK. Equity 11 NOK → -162.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 3D VERIFIER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.62m NOK to 1.84m NOK (+14.0% YoY). Calculated
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↑
Operating result improved
Operating result -407.6k NOK → -175.1k NOK (op. margin -25.2% → -9.5%). Calculated
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Net result improved
Net result -406.1k NOK → -175.4k NOK (net margin -25.1% → -9.5%). Calculated
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Cash rose
Bank deposits 22.7k NOK → 93.9k NOK (+314.5% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 11 NOK → -162.7k NOK (equity ratio 0.0% → -63.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -63.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 37.4k NOK → 74.1k NOK (+98.3% YoY). Calculated