Org.nr 988 389 846 2018 → 2019 Year-over-year analysis

3NET AS: årsregnskap 2019 vs 2018

Grew 5% on revenue

approved 2020-05-19; registry 2020-07-14; journal 2020 563753

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 3NET AS. Revenue 43.36m NOK → 45.56m NOK (+5.1%). Equity 2.90m NOK → 4.96m NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 3NET AS.

Scorecard

Revenue
43.36m NOK 45.56m NOK
+5.1%
Operating result
n/m 0 NOK
—
Net result
n/m 0 NOK
—
Equity
2.90m NOK 4.96m NOK
+70.8%
Cash
4.76m NOK 3.24m NOK
-31.9%
Total assets
23.69m NOK 37.54m NOK
+58.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 43.36m NOK to 45.56m NOK (+5.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.90m NOK → 4.96m NOK (equity ratio 12.3% → 13.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.85× → 1.36×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 4.76m NOK → 3.24m NOK (-31.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 25.70m NOK → 25.63m NOK (-0.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 644.4k NOK → 14.6k NOK. Reported fact