FirmaIQ
Org.nr 898 310 132 2019 → 2020 Year-over-year analysis

3PROSJEKT AS: årsregnskap 2020 vs 2019

Shrank 65% on revenue, weaker earnings

approved 2021-09-16; registry 2021-09-20; journal 2021 769795

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 3PROSJEKT AS. Revenue 361.9k NOK → 125.1k NOK (-65.4%). Net result +157.1k NOK → +20.5k NOK. Equity 60.3k NOK → 80.8k NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
361.9k NOK 125.1k NOK
-65.4%
Operating result
+175.4k NOK +64.7k NOK
-63.1%
Net result
+157.1k NOK +20.5k NOK
-87.0%
Equity
60.3k NOK 80.8k NOK
+33.9%
Cash
2 178 NOK 150.9k NOK
+6826.8%
Total assets
108.1k NOK 588.8k NOK
+444.7%

What improved

  • ↑

    Equity strengthened

    Book equity 60.3k NOK → 80.8k NOK (equity ratio 55.8% → 13.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 2 178 NOK → 150.9k NOK (+6826.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 361.9k NOK to 125.1k NOK (-65.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +175.4k NOK → +64.7k NOK (op. margin 48.5% → 51.7%). Calculated

  • ↓

    Net result weakened

    Net result +157.1k NOK → +20.5k NOK (net margin 43.4% → 16.4%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost -42.6k NOK → 2074.04bn NOK (-12% → 1658130826% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 108.5k NOK → 751.4k NOK (+592.9% YoY). Calculated