3DP MODELLING AS: årsregnskap 2019 vs 2018
Grew 559% on revenue, stronger earnings, cash halved-plus
approved 2020-04-15; registry 2020-07-27; journal 2020 610843
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3DP MODELLING AS. Revenue 539.9k NOK → 3.56m NOK (+559.4%). Net result +258.0k NOK → +975.9k NOK. Equity 383.0k NOK → 358.9k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for 3DP MODELLING AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 539.9k NOK to 3.56m NOK (+559.4% YoY). Calculated
-
↑
Operating result improved
Operating result +339.3k NOK → +1.27m NOK (op. margin 62.8% → 35.6%). Calculated
-
↑
Net result improved
Net result +258.0k NOK → +975.9k NOK (net margin 47.8% → 27.4%). Calculated
-
↑
Payroll decreased
Salary cost 2.23m NOK → 255.8k NOK (413% → 7% of revenue). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 383.0k NOK → 358.9k NOK (equity ratio 42.3% → 11.9%). Calculated
-
↓
Cash fell
Bank deposits 891.2k NOK → 322.9k NOK (-63.8% YoY). Calculated
Things to notice
-
·
COGS moved
COGS / varekostnad 621.4k NOK → 1.57m NOK (+151.9% YoY). Calculated