3HUS AS: årsregnskap 2020 vs 2019
Shrank 6% on revenue, returned to profit
approved 2021-04-08; registry 2021-04-28; journal 2021 233403
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 3HUS AS. Revenue 3.81m NOK → 3.58m NOK (-6.1%). Net result -38.3k NOK → +194.4k NOK. Equity -72.7k NOK → 121.7k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cogs moved.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3HUS AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -34.1k NOK → +206.2k NOK (op. margin -0.9% → 5.8%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 38.3k NOK to a profit of 194.4k NOK. Calculated
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↑
Equity strengthened
Book equity -72.7k NOK → 121.7k NOK (equity ratio -9.5% → 62.4%). Calculated
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Cash rose
Bank deposits 132.7k NOK → 136.7k NOK (+3.0% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.84× → 2.25×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.81m NOK to 3.58m NOK (-6.1% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 487.0k NOK → 619.3k NOK (+27.2% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 65.0k NOK → 30.0k NOK. Reported fact