3J INVEST AS: årsregnskap 2020 vs 2019
Grew 97% on revenue, stronger earnings
approved 2021-08-31; registry 2021-09-30; journal 2021 755254
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 3J INVEST AS. Revenue 344.9k NOK → 678.3k NOK (+96.7%). Net result +263.4k NOK → +338.6k NOK. Equity 2.63m NOK → 2.49m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for 3J INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 344.9k NOK to 678.3k NOK (+96.7% YoY). Calculated
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Operating result improved
Operating result +236.4k NOK → +350.4k NOK (op. margin 68.5% → 51.7%). Calculated
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Net result improved
Net result +263.4k NOK → +338.6k NOK (net margin 76.4% → 49.9%). Calculated
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Cash rose
Bank deposits 1.28m NOK → 1.50m NOK (+17.5% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 2.63m NOK → 2.49m NOK (equity ratio 92.5% → 90.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.07m NOK → 4.28m NOK (310% → 631% of revenue). Calculated