Org.nr 917 033 242 2018 → 2019 Year-over-year analysis

3K BYGG AS: årsregnskap 2019 vs 2018

Shrank 52% on revenue

approved 2020-08-31; registry 2020-09-08; journal 2020 773904

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 3K BYGG AS. Revenue 4.52m NOK → 2.15m NOK (-52.4%).

Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3K BYGG AS.

At a glance

Revenue

4.52m NOK 2.15m NOK

-52.4%

Operating result

+226.7k NOK -480.4k NOK

-311.9%

Equity

7.36m NOK n/m

—

Cash

398.5k NOK 265.5k NOK

-33.4%

Total assets

2.02m NOK 942.1k NOK

-53.4%

↓
Revenue fell

Operating income / revenue moved from 4.52m NOK to 2.15m NOK (-52.4% YoY). Calculated
↓
Operating result weakened

Operating result +226.7k NOK → -480.4k NOK (op. margin 5.0% → -22.3%). Calculated
↓
Cash fell

Bank deposits 398.5k NOK → 265.5k NOK (-33.4% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.81× → 0.74× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
↓
Payroll up without matching revenue

Salary cost 3.13m NOK → 3.46m NOK (69% → 161% of revenue). Calculated