Org.nr 912 187 691 2019 → 2020 Year-over-year analysis

3T FOSSEGRENDA AS: årsregnskap 2020 vs 2019

Shrank 15% on revenue, weaker earnings

approved 2021-06-30; registry 2021-07-31; journal 2021 565231

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 3T FOSSEGRENDA AS. Revenue 7.20m NOK → 6.12m NOK (-15.1%). Net result -146.3k NOK → -237.2k NOK.

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

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for 3T FOSSEGRENDA AS.

At a glance

Revenue

7.20m NOK 6.12m NOK

-15.1%

Operating result

-481.2k NOK -526.4k NOK

-9.4%

Net result

-146.3k NOK -237.2k NOK

-62.2%

Equity

2.08m NOK n/m

—

Cash

133.4k NOK 181.2k NOK

+35.8%

Total assets

16.46m NOK 3.88m NOK

-76.4%

↓
Revenue fell

Operating income / revenue moved from 7.20m NOK to 6.12m NOK (-15.1% YoY). Calculated
↓
Operating result weakened

Operating result -481.2k NOK → -526.4k NOK (op. margin -6.7% → -8.6%). Calculated
↓
Net result weakened

Net result -146.3k NOK → -237.2k NOK (net margin -2.0% → -3.9%). Calculated

·
Paid-in equity reduced

Paid-in equity fell 2.08m NOK → 2.00m NOK — check capital reduction, conversion, or reclassification. Interpretation
·
COGS fell

COGS / varekostnad 229.0k NOK → 165.6k NOK (-27.7% YoY). Calculated