Org.nr 990 898 804 2019 → 2020 Year-over-year analysis

3T TEAM AS: årsregnskap 2020 vs 2019

Stronger earnings

approved 2021-06-25; registry 2021-07-15; journal 2021 492024

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 3T TEAM AS. Revenue 319.6k NOK → 323.8k NOK (+1.3%). Net result +732.2k NOK → +2.05m NOK. Equity 6.69m NOK → 8.74m NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
319.6k NOK 323.8k NOK
+1.3%
Operating result
+301.6k NOK +288.3k NOK
-4.4%
Net result
+732.2k NOK +2.05m NOK
+180.3%
Equity
6.69m NOK 8.74m NOK
+30.7%
Cash
1.51m NOK 790.8k NOK
-47.5%
Total assets
11.92m NOK 13.98m NOK
+17.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 319.6k NOK to 323.8k NOK (+1.3% YoY). Calculated

  • ↑

    Net result improved

    Net result +732.2k NOK → +2.05m NOK (net margin 229.1% → 633.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 6.69m NOK → 8.74m NOK (equity ratio 56.1% → 62.5%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +301.6k NOK → +288.3k NOK (op. margin 94.4% → 89.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 1.51m NOK → 790.8k NOK (-47.5% YoY). Calculated