Org.nr 914 331 684 2019 → 2020 Year-over-year analysis

3EID BYGG AS: årsregnskap 2020 vs 2019

Grew 9% on revenue, returned to profit

approved 2021-05-25; registry 2021-09-01; journal 2021 703854

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 3EID BYGG AS. Revenue 2.27m NOK → 2.48m NOK (+9.2%). Net result -56.3k NOK → +15.2k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for 3EID BYGG AS.

Scorecard

Revenue
2.27m NOK 2.48m NOK
+9.2%
Operating result
-67.4k NOK +36.0k NOK
+153.4%
Net result
-56.3k NOK +15.2k NOK
+127.0%
Cash
157.9k NOK 155.9k NOK
-1.2%
Total assets
426.1k NOK 871.8k NOK
+104.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.27m NOK to 2.48m NOK (+9.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -67.4k NOK → +36.0k NOK (op. margin -3.0% → 1.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 56.3k NOK to a profit of 15.2k NOK. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 157.9k NOK → 155.9k NOK (-1.2% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.10m NOK → 2.14m NOK (93% → 87% of revenue). Calculated