Org.nr 980 378 616 2019 → 2020 Year-over-year analysis

3T STJØRDAL AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-06-30; registry 2021-07-27; journal 2021 543922

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 3T STJØRDAL AS. Revenue 6.85m NOK → 6.70m NOK (-2.2%). Net result -653.6k NOK → -70.7k NOK. Equity 276.0k NOK → 11.18m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; cogs moved.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for 3T STJØRDAL AS.

Scorecard

Revenue
6.85m NOK 6.70m NOK
-2.2%
Operating result
-835.5k NOK -64.9k NOK
+92.2%
Net result
-653.6k NOK -70.7k NOK
+89.2%
Equity
276.0k NOK 11.18m NOK
+3949.9%
Cash
272.4k NOK 266.7k NOK
-2.1%
Total assets
2.71m NOK 2.56m NOK
-5.4%

What improved

  • ↑

    Operating result improved

    Operating result -835.5k NOK → -64.9k NOK (op. margin -12.2% → -1.0%). Calculated

  • ↑

    Net result improved

    Net result -653.6k NOK → -70.7k NOK (net margin -9.5% → -1.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 276.0k NOK → 11.18m NOK (equity ratio 10.2% → 436.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.85m NOK to 6.70m NOK (-2.2% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 272.4k NOK → 266.7k NOK (-2.1% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 100.5k NOK → 156.3k NOK (+55.5% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 276.0k NOK → 253.9k NOK — check capital reduction, conversion, or reclassification. Interpretation