Org.nr 921 380 542 2019 → 2020 Year-over-year analysis

3I3NDOM AS: årsregnskap 2020 vs 2019

Grew 200% on revenue, stronger earnings

approved 2021-06-10; registry 2021-06-16; journal 2021 428812

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 3I3NDOM AS. Revenue 15.0k NOK → 45.0k NOK (+200.0%). Net result -313.6k NOK → -144.6k NOK. Equity -288.7k NOK → -433.3k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3I3NDOM AS.

Scorecard

Revenue
15.0k NOK 45.0k NOK
+200.0%
Operating result
-188.5k NOK -97.6k NOK
+48.2%
Net result
-313.6k NOK -144.6k NOK
+53.9%
Equity
-288.7k NOK -433.3k NOK
-50.1%
Cash
4 378 NOK 2 321 NOK
-47.0%
Total assets
3.13m NOK 2 321 NOK
-99.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.0k NOK to 45.0k NOK (+200.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -188.5k NOK → -97.6k NOK (op. margin -1256.5% → -216.9%). Calculated

  • ↑

    Net result improved

    Net result -313.6k NOK → -144.6k NOK (net margin -2090.9% → -321.3%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -288.7k NOK → -433.3k NOK (equity ratio -9.2% → -18668.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 4 378 NOK → 2 321 NOK (-47.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -18668.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation