Org.nr 919 981 962 2019 → 2020 Year-over-year analysis

3NOR INVEST AS: årsregnskap 2020 vs 2019

Grew 36% on revenue, returned to profit, fresh owner capital

approved 2021-06-21; registry 2021-07-10; journal 2021 475521

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 3NOR INVEST AS. Revenue 489.5k NOK → 665.2k NOK (+35.9%). Net result -249.5k NOK → +58.3k NOK. Equity -1.10m NOK → 11.16m NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
489.5k NOK 665.2k NOK
+35.9%
Operating result
+104.8k NOK +278.0k NOK
+165.2%
Net result
-249.5k NOK +58.3k NOK
+123.4%
Equity
-1.10m NOK 11.16m NOK
+1119.3%
Cash
268.1k NOK 143.8k NOK
-46.4%
Total assets
9.35m NOK 9.45m NOK
+1.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 489.5k NOK to 665.2k NOK (+35.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +104.8k NOK → +278.0k NOK (op. margin 21.4% → 41.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 249.5k NOK to a profit of 58.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -1.10m NOK → 11.16m NOK (equity ratio -11.7% → 118.1%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 1.00× → 1.01×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 268.1k NOK → 143.8k NOK (-46.4% YoY). Calculated