3M BUTIKKDRIFT AS: årsregnskap 2019 vs 2018
Grew 10% on revenue, stronger earnings
approved 2020-04-30; registry 2020-08-06; journal 2020 655734
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3M BUTIKKDRIFT AS. Revenue 1.31m NOK → 1.43m NOK (+9.7%). Net result +12.0k NOK → +31.3k NOK. Equity 70.0k NOK → 101.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 3M BUTIKKDRIFT AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.31m NOK to 1.43m NOK (+9.7% YoY). Calculated
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Operating result improved
Operating result +15.5k NOK → +39.9k NOK (op. margin 1.2% → 2.8%). Calculated
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Net result improved
Net result +12.0k NOK → +31.3k NOK (net margin 0.9% → 2.2%). Calculated
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Equity strengthened
Book equity 70.0k NOK → 101.2k NOK (equity ratio 18.9% → 16.4%). Calculated
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Cash rose
Bank deposits 354.8k NOK → 506.4k NOK (+42.7% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 761.1k NOK → 837.5k NOK (58% → 58% of revenue). Calculated
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COGS moved
COGS / varekostnad 468.6k NOK → 479.1k NOK (+2.2% YoY). Calculated