3NOR EIENDOM AS: årsregnskap 2019 vs 2018
Grew 444% on revenue, slipped into loss
approved 2020-09-22; registry 2020-09-28; journal 2020 878807
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3NOR EIENDOM AS. Revenue 141.6k NOK → 769.6k NOK (+443.6%). Net result +8 NOK → -10.1k NOK. Equity 573.7k NOK → 563.7k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for 3NOR EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 141.6k NOK to 769.6k NOK (+443.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +265.3k NOK → +5 252 NOK (op. margin 187.4% → 0.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 8 NOK profit to a loss of 10.1k NOK. Calculated
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↓
Equity eroded
Book equity 573.7k NOK → 563.7k NOK (equity ratio 896.9% → 78.3%). Calculated
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↓
Cash fell
Bank deposits 197.7k NOK → 120.7k NOK (-38.9% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 519 NOK → 11.2k NOK (0% → 1% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 569.0k NOK → 301.9k NOK (-46.9% YoY). Calculated