3NOR EIENDOM AS: årsregnskap 2020 vs 2019
Grew 30% on revenue, weaker earnings
approved 2021-08-30; registry 2021-09-04; journal 2021 719058
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 3NOR EIENDOM AS. Revenue 769.6k NOK → 998.1k NOK (+29.7%). Net result -10.1k NOK → -106.5k NOK. Equity 563.7k NOK → 457.2k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. 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 769.6k NOK to 998.1k NOK (+29.7% YoY). Calculated
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↑
Cash rose
Bank deposits 120.7k NOK → 164.7k NOK (+36.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +5 252 NOK → -92.4k NOK (op. margin 0.7% → -9.3%). Calculated
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↓
Net result weakened
Net result -10.1k NOK → -106.5k NOK (net margin -1.3% → -10.7%). Calculated
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↓
Equity eroded
Book equity 563.7k NOK → 457.2k NOK (equity ratio 78.3% → 69.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 11.2k NOK → 11.25m NOK (1% → 1127% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 301.9k NOK → 396.7k NOK (+31.4% YoY). Calculated