FirmaIQ
Org.nr 899 249 372 2018 → 2019 Year-over-year analysis

3T CONSULT AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-03-09; registry 2020-03-12; journal 2020 238555

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 3T CONSULT AS. Revenue 2.21m NOK → 2.27m NOK (+2.5%). Net result +236.4k NOK → +293.6k NOK. Equity 750.2k NOK → 443.7k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 3T CONSULT AS.

At a glance

Scorecard

Revenue
2.21m NOK 2.27m NOK
+2.5%
Operating result
+311.8k NOK +376.7k NOK
+20.8%
Net result
+236.4k NOK +293.6k NOK
+24.2%
Equity
750.2k NOK 443.7k NOK
-40.8%
Cash
238.2k NOK 630.9k NOK
+164.9%
Total assets
1.20m NOK 1.70m NOK
+41.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.21m NOK to 2.27m NOK (+2.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +311.8k NOK → +376.7k NOK (op. margin 14.1% → 16.6%). Calculated

  • ↑

    Net result improved

    Net result +236.4k NOK → +293.6k NOK (net margin 10.7% → 12.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 238.2k NOK → 630.9k NOK (+164.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.36m NOK → 1.04m NOK (62% → 46% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 750.2k NOK → 443.7k NOK (equity ratio 62.4% → 26.1%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 53.3k NOK → 235.7k NOK (+342.5% YoY). Calculated