FirmaIQ
Org.nr 991 392 173 2019 → 2020 Year-over-year analysis

3S EIENDOMS INVEST AS: årsregnskap 2020 vs 2019

Grew 20% on revenue, stronger earnings

approved 2021-05-11; registry 2021-06-12; journal 2021 292562

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 3S EIENDOMS INVEST AS. Revenue 4.78m NOK → 5.74m NOK (+20.1%). Net result +1.44m NOK → +1.73m NOK. Equity 5.64m NOK → 7.37m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3S EIENDOMS INVEST AS.

At a glance

Scorecard

Revenue
4.78m NOK 5.74m NOK
+20.1%
Operating result
+3.25m NOK +4.08m NOK
+25.7%
Net result
+1.44m NOK +1.73m NOK
+20.2%
Equity
5.64m NOK 7.37m NOK
+30.7%
Cash
5.41m NOK 5.37m NOK
-0.7%
Total assets
78.42m NOK 95.49m NOK
+21.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.78m NOK to 5.74m NOK (+20.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +3.25m NOK → +4.08m NOK (op. margin 68.1% → 71.2%). Calculated

  • ↑

    Net result improved

    Net result +1.44m NOK → +1.73m NOK (net margin 30.2% → 30.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 5.64m NOK → 7.37m NOK (equity ratio 7.2% → 7.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 5.41m NOK → 5.37m NOK (-0.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 933.2k NOK → 1 035 NOK (-99.9% YoY). Calculated