FirmaIQ
Org.nr 998 509 882 2018 → 2019 Year-over-year analysis

3T HOLDING AS: årsregnskap 2019 vs 2018

Grew 9% on revenue, cash halved-plus

approved 2020-07-01; registry 2020-07-14; journal 2020 569563

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 3T HOLDING AS. Revenue 1.52m NOK → 1.65m NOK (+8.8%). Net result +1.26m NOK → +1.24m NOK. Equity 54.82m NOK → 54.06m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for 3T HOLDING AS.

At a glance

Scorecard

Revenue
1.52m NOK 1.65m NOK
+8.8%
Operating result
n/m +1.23m NOK
—
Net result
+1.26m NOK +1.24m NOK
-2.0%
Equity
54.82m NOK 54.06m NOK
-1.4%
Cash
2.60m NOK 843.5k NOK
-67.6%
Total assets
57.21m NOK 57.20m NOK
-0.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.52m NOK to 1.65m NOK (+8.8% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 54.82m NOK → 54.06m NOK (equity ratio 95.8% → 94.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.60m NOK → 843.5k NOK (-67.6% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.60m NOK → 843.5k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 49.98m NOK → 45.98m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 560.0k NOK → 739.9k NOK. Reported fact