3KON AS: årsregnskap 2019 vs 2018
Shrank 8% on revenue, stronger earnings
approved 2020-04-02; registry 2020-09-26; journal 2020 861237
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3KON AS. Revenue 1.34m NOK → 1.23m NOK (-8.0%). Net result +19.6k NOK → +50.4k NOK. Equity 132.9k NOK → 183.2k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +24.4k NOK → +80.7k NOK (op. margin 1.8% → 6.6%). Calculated
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↑
Net result improved
Net result +19.6k NOK → +50.4k NOK (net margin 1.5% → 4.1%). Calculated
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↑
Equity strengthened
Book equity 132.9k NOK → 183.2k NOK (equity ratio 31.9% → 40.3%). Calculated
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Cash rose
Bank deposits 230.4k NOK → 299.0k NOK (+29.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.34m NOK to 1.23m NOK (-8.0% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.04m NOK → 2.86m NOK (78% → 233% of revenue). Calculated