3T MELHUS AS: årsregnskap 2020 vs 2019
Shrank 12% on revenue, weaker earnings, fresh owner capital
approved 2021-06-30; registry 2021-07-27; journal 2021 544356
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 3T MELHUS AS. Revenue 7.02m NOK → 6.17m NOK (-12.0%). Net result +387.8k NOK → +85.6k NOK. Equity 268.6k NOK → 12.98m NOK.
On the constructive side: equity strengthened; current ratio back above 1×; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 268.6k NOK → 12.98m NOK (equity ratio 1.9% → 172.7%). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.96× → 1.05×. Calculated
-
↑
Owners injected capital
Paid-in equity rose 268.6k NOK → 895.9k NOK (+627.3k NOK). Reported fact
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 7.02m NOK to 6.17m NOK (-12.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +237.0k NOK → -14.1k NOK (op. margin 3.4% → -0.2%). Calculated
-
↓
Net result weakened
Net result +387.8k NOK → +85.6k NOK (net margin 5.5% → 1.4%). Calculated
-
↓
Cash fell
Bank deposits 120.1k NOK → 110.2k NOK (-8.2% YoY). Calculated
-
↓
COGS moved
COGS / varekostnad 154.1k NOK → 160.7k NOK (+4.3% YoY). Calculated