FirmaIQ
Org.nr 919 061 081 2019 → 2020 Year-over-year analysis

3S INVEST AS: årsregnskap 2020 vs 2019

Grew 431% on revenue, stronger earnings

approved 2021-05-27; registry 2021-07-05; journal 2021 443974

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 3S INVEST AS. Revenue 141.6k NOK → 751.6k NOK (+430.8%). Net result +79.5k NOK → +1.79m NOK. Equity 21.19m NOK → 22.98m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3S INVEST AS.

At a glance

Scorecard

Revenue
141.6k NOK 751.6k NOK
+430.8%
Operating result
+101.7k NOK +713.2k NOK
+601.6%
Net result
+79.5k NOK +1.79m NOK
+2147.0%
Equity
21.19m NOK 22.98m NOK
+8.4%
Cash
308.4k NOK 582.7k NOK
+88.9%
Total assets
21.22m NOK 22.98m NOK
+8.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 141.6k NOK to 751.6k NOK (+430.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +101.7k NOK → +713.2k NOK (op. margin 71.8% → 94.9%). Calculated

  • ↑

    Net result improved

    Net result +79.5k NOK → +1.79m NOK (net margin 56.1% → 237.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 21.19m NOK → 22.98m NOK (equity ratio 99.9% → 100.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 308.4k NOK → 582.7k NOK (+88.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1 500 NOK → 2.04m NOK. Reported fact