3T RANHEIM AS: årsregnskap 2020 vs 2019
Shrank 6% on revenue, slipped into loss
approved 2021-06-30; registry 2021-07-31; journal 2021 565239
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 3T RANHEIM AS. Revenue 7.98m NOK → 7.54m NOK (-5.5%). Net result +91.0k NOK → -406.1k NOK. Equity 744.9k NOK → 11 NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for 3T RANHEIM AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 1.00× → 1.43×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.98m NOK to 7.54m NOK (-5.5% YoY). Calculated
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↓
Operating result weakened
Operating result -505.7k NOK → -774.2k NOK (op. margin -6.3% → -10.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 91.0k NOK profit to a loss of 406.1k NOK. Calculated
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↓
Equity eroded
Book equity 744.9k NOK → 11 NOK (equity ratio 4.1% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 184.1k NOK → 136.4k NOK (-25.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 744.9k NOK → 374.9k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 243.9k NOK → 228.6k NOK (-6.3% YoY). Calculated