3ESS KONSULENTSELSKAP AS: årsregnskap 2020 vs 2019
Grew 21% on revenue, weaker earnings
approved 2021-04-21; registry 2021-04-26; journal 2021 224866
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 3ESS KONSULENTSELSKAP AS. Revenue 228.7k NOK → 277.2k NOK (+21.2%). Net result +116.1k NOK → +77.1k NOK. Equity 11.17m NOK → 249.8k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 3ESS KONSULENTSELSKAP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 228.7k NOK to 277.2k NOK (+21.2% YoY). Calculated
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↑
Operating result improved
Operating result -6 333 NOK → +77.1k NOK (op. margin -2.8% → 27.8%). Calculated
What deteriorated
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↓
Net result weakened
Net result +116.1k NOK → +77.1k NOK (net margin 50.8% → 27.8%). Calculated
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↓
Equity eroded
Book equity 11.17m NOK → 249.8k NOK (equity ratio 4314.8% → 68.6%). Calculated
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↓
Cash fell
Bank deposits 183.9k NOK → 160.2k NOK (-12.9% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 NOK → 19.4k NOK (0% → 7% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 4 471 NOK → 20.3k NOK (+354.0% YoY). Calculated