FirmaIQ
Org.nr 917 867 119 2018 → 2019 Year-over-year analysis

3T PRODUKTER AS: årsregnskap 2019 vs 2018

Grew 8% on revenue, cash halved-plus

approved 2019-12-31; registry 2020-09-12; journal 2020 797403

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 3T PRODUKTER AS. Revenue 46.15m NOK → 49.97m NOK (+8.3%). Equity 9.96m NOK → 1.10m NOK.

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

Also worth watching: thin equity buffer; sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for 3T PRODUKTER AS.

At a glance

Scorecard

Revenue
46.15m NOK 49.97m NOK
+8.3%
Operating result
n/m +5.87m NOK
—
Net result
n/m +2.99m NOK
—
Equity
9.96m NOK 1.10m NOK
-89.0%
Cash
65.18m NOK 11.02m NOK
-83.1%
Total assets
201.07m NOK 146.56m NOK
-27.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 46.15m NOK to 49.97m NOK (+8.3% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 9.96m NOK → 1.10m NOK (equity ratio 5.0% → 0.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 65.18m NOK → 11.02m NOK (-83.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (65.18m NOK → 11.02m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 5.10m NOK → 7.15m NOK (+40.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value -7 000 NOK → 0 NOK. Reported fact