FirmaIQ
Org.nr 952 621 378 2019 → 2020 Year-over-year analysis

3PL SOLUTIONS AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-04-27; registry 2021-06-07; journal 2021 260841

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 3PL SOLUTIONS AS. Revenue 61.41m NOK → 58.38m NOK (-4.9%). Net result +7.66m NOK → +4.71m NOK. Equity 3.92m NOK → 3.92m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3PL SOLUTIONS AS.

At a glance

Scorecard

Revenue
61.41m NOK 58.38m NOK
-4.9%
Operating result
+9.82m NOK +6.04m NOK
-38.5%
Net result
+7.66m NOK +4.71m NOK
-38.5%
Equity
3.92m NOK 3.92m NOK
+0.1%
Cash
7.17m NOK 6.51m NOK
-9.2%
Total assets
19.58m NOK 18.30m NOK
-6.6%

What improved

  • ↑

    Equity strengthened

    Book equity 3.92m NOK → 3.92m NOK (equity ratio 20.0% → 21.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 18.53m NOK → 17.27m NOK (30% → 30% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 61.41m NOK to 58.38m NOK (-4.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +9.82m NOK → +6.04m NOK (op. margin 16.0% → 10.3%). Calculated

  • ↓

    Net result weakened

    Net result +7.66m NOK → +4.71m NOK (net margin 12.5% → 8.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 7.17m NOK → 6.51m NOK (-9.2% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 16.81m NOK → 16.78m NOK (-0.2% YoY). Calculated