3DP MODELLING AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-07-08; registry 2021-09-29; journal 2021 751449
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 3DP MODELLING AS. Revenue 3.56m NOK → 3.45m NOK (-2.9%). Net result +975.9k NOK → +438.2k NOK. Equity 358.9k NOK → 1.80m NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 3DP MODELLING AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 358.9k NOK → 1.80m NOK (equity ratio 11.9% → 50.3%). Calculated
-
↑
Cash rose
Bank deposits 322.9k NOK → 1.15m NOK (+256.6% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.56m NOK to 3.45m NOK (-2.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +1.27m NOK → +603.4k NOK (op. margin 35.6% → 17.5%). Calculated
-
↓
Net result weakened
Net result +975.9k NOK → +438.2k NOK (net margin 27.4% → 12.7%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 255.8k NOK → 1.01m NOK (7% → 29% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 1.57m NOK → 1.45m NOK (-7.2% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 115.0k NOK → 1.12m NOK. Reported fact