3T RANHEIM AS: årsregnskap 2019 vs 2018
Grew 32% on revenue, stronger earnings
approved 2019-12-31; registry 2020-09-12; journal 2020 797415
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3T RANHEIM AS. Revenue 6.04m NOK → 7.98m NOK (+32.0%). Net result +1 226 NOK → +91.0k NOK. Equity 15.52m NOK → 744.9k NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for 3T RANHEIM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 6.04m NOK to 7.98m NOK (+32.0% YoY). Calculated
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Net result improved
Net result +1 226 NOK → +91.0k NOK (net margin 0.0% → 1.1%). Calculated
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Cash rose
Bank deposits 114.8k NOK → 184.1k NOK (+60.4% YoY). Calculated
What deteriorated
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Operating result weakened
Operating result +1.63bn NOK → -505.7k NOK (op. margin 26934.4% → -6.3%). Calculated
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↓
Equity eroded
Book equity 15.52m NOK → 744.9k NOK (equity ratio 91.8% → 4.1%). Calculated
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Current ratio dropped below 1×
Current ratio 11.37× → 1.00× — 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 4.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 28.65m NOK → 744.9k NOK — check capital reduction, conversion, or reclassification. Interpretation
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COGS moved
COGS / varekostnad 218.1k NOK → 243.9k NOK (+11.8% YoY). Calculated