Org.nr 978 618 855 2018 → 2019 Year-over-year analysis

3P DISTRIBUSJON AS: årsregnskap 2019 vs 2018

Cash halved-plus

approved 2020-06-29; registry 2020-08-22; journal 2020 690036

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 3P DISTRIBUSJON AS. Revenue 0 NOK → 40.3k NOK. Net result +24.2k NOK → +25.9k NOK. Equity -988.6k NOK → -962.7k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3P DISTRIBUSJON AS.

Scorecard

Revenue
0 NOK 40.3k NOK
—
Operating result
-22.6k NOK +25.9k NOK
+214.5%
Net result
+24.2k NOK +25.9k NOK
+6.7%
Equity
-988.6k NOK -962.7k NOK
+2.6%
Cash
4 100 NOK 499 NOK
-87.8%
Total assets
22.2k NOK 14.0k NOK
-37.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 40.3k NOK. Calculated

  • ↑

    Operating result improved

    Operating result -22.6k NOK → +25.9k NOK. Calculated

  • ↑

    Net result improved

    Net result +24.2k NOK → +25.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -988.6k NOK → -962.7k NOK (equity ratio -4454.9% → -6896.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 4 100 NOK → 499 NOK (-87.8% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -6896.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation