3N INVEST AS: årsregnskap 2019 vs 2018
Grew 300% on revenue, cash halved-plus
approved 2020-04-16; registry 2020-06-29; journal 2020 506621
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3N INVEST AS. Revenue 33.0k NOK → 132.0k NOK (+300.0%). Net result +5 689 NOK → +9 110 NOK. Equity 94.3k NOK → 85.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3N INVEST AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 33.0k NOK to 132.0k NOK (+300.0% YoY). Calculated
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↑
Operating result improved
Operating result +11.4k NOK → +59.3k NOK (op. margin 34.7% → 44.9%). Calculated
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↑
Net result improved
Net result +5 689 NOK → +9 110 NOK (net margin 17.2% → 6.9%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 94.3k NOK → 85.2k NOK (equity ratio 3.9% → 3.5%). Calculated
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↓
Cash fell
Bank deposits 13.7k NOK → 679 NOK (-95.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation