Org.nr 986 897 399 2019 → 2020 Year-over-year analysis

3T BYÅSEN AS: årsregnskap 2020 vs 2019

Shrank 24% on revenue, weaker earnings

registry 2021-07-27; journal 2021 543976

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 3T BYÅSEN AS. Revenue 21.06m NOK → 15.94m NOK (-24.3%). Net result +6.60m NOK → +4.23m NOK.

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 3T BYÅSEN AS.

At a glance

Revenue

21.06m NOK 15.94m NOK

-24.3%

Operating result

+8.12m NOK +5.18m NOK

-36.2%

Net result

+6.60m NOK +4.23m NOK

-35.9%

Equity

1.39m NOK n/m

—

Cash

261.8k NOK 252.3k NOK

-3.6%

Total assets

13.01m NOK 9.77m NOK

-24.9%

↓
Revenue fell

Operating income / revenue moved from 21.06m NOK to 15.94m NOK (-24.3% YoY). Calculated
↓
Operating result weakened

Operating result +8.12m NOK → +5.18m NOK (op. margin 38.5% → 32.5%). Calculated
↓
Net result weakened

Net result +6.60m NOK → +4.23m NOK (net margin 31.4% → 26.5%). Calculated
↓
Cash fell

Bank deposits 261.8k NOK → 252.3k NOK (-3.6% YoY). Calculated

·
COGS fell

COGS / varekostnad 418.0k NOK → 299.7k NOK (-28.3% YoY). Calculated