FirmaIQ
Org.nr 917 867 119 2019 → 2020 Year-over-year analysis

3T PRODUKTER AS: årsregnskap 2020 vs 2019

Shrank 12% on revenue, weaker earnings

approved 2021-05-31; registry 2021-08-26; journal 2021 646965

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 3T PRODUKTER AS. Revenue 49.97m NOK → 44.15m NOK (-11.7%). Net result +2.99m NOK → +600.1k NOK. Equity 1.10m NOK → 1.49m NOK.

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

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
49.97m NOK 44.15m NOK
-11.7%
Operating result
+5.87m NOK +1.70m NOK
-71.1%
Net result
+2.99m NOK +600.1k NOK
-79.9%
Equity
1.10m NOK 1.49m NOK
+35.4%
Cash
11.02m NOK 11.82m NOK
+7.3%
Total assets
146.56m NOK 165.03m NOK
+12.6%

What improved

  • ↑

    Equity strengthened

    Book equity 1.10m NOK → 1.49m NOK (equity ratio 0.7% → 0.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 11.02m NOK → 11.82m NOK (+7.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 49.97m NOK to 44.15m NOK (-11.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +5.87m NOK → +1.70m NOK (op. margin 11.7% → 3.8%). Calculated

  • ↓

    Net result weakened

    Net result +2.99m NOK → +600.1k NOK (net margin 6.0% → 1.4%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 7.15m NOK → 7.47m NOK (+4.5% YoY). Calculated