Org.nr 989 127 918 2018 → 2019 Year-over-year analysis

3K HOLDING AS: årsregnskap 2019 vs 2018

Grew 79% on revenue

approved 2020-06-30; registry 2020-07-27; journal 2020 611086

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 3K HOLDING AS. Revenue 8.58m NOK → 15.31m NOK (+78.6%). Equity 10.14m NOK → 13.73m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for 3K HOLDING AS.

Scorecard

Revenue
8.58m NOK 15.31m NOK
+78.6%
Operating result
n/m +10.19m NOK
—
Net result
n/m +7.42m NOK
—
Equity
10.14m NOK 13.73m NOK
+35.3%
Cash
2.13m NOK 3.25m NOK
+52.8%
Total assets
16.76m NOK 23.66m NOK
+41.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.58m NOK to 15.31m NOK (+78.6% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 10.14m NOK → 13.73m NOK (equity ratio 60.5% → 58.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.13m NOK → 3.25m NOK (+52.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.64m NOK → 3.12m NOK (19% → 20% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 421.1k NOK → 192.9k NOK (-54.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2.80m NOK → 4.27m NOK. Reported fact