FirmaIQ
Org.nr 995 856 182 2018 → 2019 Year-over-year analysis

3MT COMMUNICATIONS AS: årsregnskap 2019 vs 2018

Shrank 40% on revenue, stronger earnings

approved 2020-08-29; registry 2020-10-07; journal 2020 931528

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 3MT COMMUNICATIONS AS. Revenue 2.70m NOK → 1.61m NOK (-40.3%). Net result +84.8k NOK → +217.3k NOK. Equity 11.13m NOK → 100.3k NOK.

On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.70m NOK 1.61m NOK
-40.3%
Operating result
+297.3k NOK +284.4k NOK
-4.3%
Net result
+84.8k NOK +217.3k NOK
+156.3%
Equity
11.13m NOK 100.3k NOK
-99.1%
Cash
248.1k NOK 165.9k NOK
-33.1%
Total assets
6.54m NOK 31.6k NOK
-99.5%

What improved

  • ↑

    Net result improved

    Net result +84.8k NOK → +217.3k NOK (net margin 3.1% → 13.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.70m NOK to 1.61m NOK (-40.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +297.3k NOK → +284.4k NOK (op. margin 11.0% → 17.6%). Calculated

  • ↓

    Equity eroded

    Book equity 11.13m NOK → 100.3k NOK (equity ratio 170.1% → 317.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 248.1k NOK → 165.9k NOK (-33.1% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.06× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated