Org.nr 887 841 012 2018 → 2019 Year-over-year analysis

3F BRANNVERN AS: årsregnskap 2019 vs 2018

Grew 16% on revenue

approved 2020-05-11; registry 2020-05-27; journal 2020 370087

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 3F BRANNVERN AS. Revenue 1.60m NOK → 1.85m NOK (+15.8%). Equity 584.0k NOK → 728.6k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 3F BRANNVERN AS.

At a glance

Revenue

1.60m NOK 1.85m NOK

+15.8%

Operating result

n/m +439.1k NOK

—

Net result

n/m +344.6k NOK

—

Equity

584.0k NOK 728.6k NOK

+24.8%

Cash

691.0k NOK 920.4k NOK

+33.2%

Total assets

998.2k NOK 1 180 NOK

-99.9%

↑
Revenue rose

Operating income / revenue moved from 1.60m NOK to 1.85m NOK (+15.8% YoY). Calculated
↑
Equity strengthened

Book equity 584.0k NOK → 728.6k NOK (equity ratio 58.5% → 61742.2%). Calculated
↑
Cash rose

Bank deposits 691.0k NOK → 920.4k NOK (+33.2% YoY). Calculated

↓
Current ratio dropped below 1×

Current ratio 2.37× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated