Org.nr 980 378 616 2018 → 2019 Year-over-year analysis

3T STJØRDAL AS: årsregnskap 2019 vs 2018

Shrank 6% on revenue, slipped into loss

approved 2020-06-26; registry 2020-09-12; journal 2020 802491

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 3T STJØRDAL AS. Revenue 7.32m NOK → 6.85m NOK (-6.3%). Net result +623.2k NOK → -653.6k NOK. Equity 335.5k NOK → 276.0k NOK.

On the constructive side: owners injected capital. Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3T STJØRDAL AS.

Scorecard

Revenue
7.32m NOK 6.85m NOK
-6.3%
Operating result
n/m -835.5k NOK
—
Net result
+623.2k NOK -653.6k NOK
-204.9%
Equity
335.5k NOK 276.0k NOK
-17.7%
Cash
365.3k NOK 272.4k NOK
-25.4%
Total assets
2.06m NOK 2.71m NOK
+31.5%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 253.9k NOK → 276.0k NOK (+22.1k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.32m NOK to 6.85m NOK (-6.3% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 623.2k NOK profit to a loss of 653.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 335.5k NOK → 276.0k NOK (equity ratio 16.3% → 10.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 365.3k NOK → 272.4k NOK (-25.4% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 113.6k NOK → 100.5k NOK (-11.5% YoY). Calculated