3T MELHUS AS: årsregnskap 2019 vs 2018
A steady year on the published lines
approved 2019-12-31; registry 2020-09-12; journal 2020 797379
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3T MELHUS AS. Revenue 6.75m NOK → 7.02m NOK (+3.9%). Equity 11.88m NOK → 268.6k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for 3T MELHUS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.75m NOK to 7.02m NOK (+3.9% YoY). Calculated
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↑
Cash rose
Bank deposits 93.4k NOK → 120.1k NOK (+28.6% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 11.88m NOK → 268.6k NOK (equity ratio 90.4% → 1.9%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 9.57× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 1.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 146.2k NOK → 154.1k NOK (+5.4% YoY). Calculated