FirmaIQ
Org.nr 995 856 182 2019 → 2020 Year-over-year analysis

3MT COMMUNICATIONS AS: årsregnskap 2020 vs 2019

Grew 73% on revenue, stronger earnings, cash halved-plus

approved 2021-08-31; registry 2021-09-29; journal 2021 826852

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 3MT COMMUNICATIONS AS. Revenue 1.61m NOK → 2.80m NOK (+73.5%). Net result +217.3k NOK → +301.4k NOK. Equity 100.3k NOK → 11.11m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
1.61m NOK 2.80m NOK
+73.5%
Operating result
+284.4k NOK +403.1k NOK
+41.7%
Net result
+217.3k NOK +301.4k NOK
+38.7%
Equity
100.3k NOK 11.11m NOK
+10970.2%
Cash
165.9k NOK 29.4k NOK
-82.3%
Total assets
31.6k NOK 1.24m NOK
+3827.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.61m NOK to 2.80m NOK (+73.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +284.4k NOK → +403.1k NOK (op. margin 17.6% → 14.4%). Calculated

  • ↑

    Net result improved

    Net result +217.3k NOK → +301.4k NOK (net margin 13.5% → 10.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 100.3k NOK → 11.11m NOK (equity ratio 317.8% → 895.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 165.9k NOK → 29.4k NOK (-82.3% YoY). Calculated