FirmaIQ
Org.nr 979 193 734 2019 → 2020 Year-over-year analysis

3T TRENING AS: årsregnskap 2020 vs 2019

Shrank 21% on revenue

approved 2021-06-30; registry 2021-08-12; journal 2021 608824

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 3T TRENING AS. Revenue 58.64m NOK → 46.15m NOK (-21.3%). Net result +10.73m NOK → +8.94m NOK. Equity 5.95m NOK → 6.04m NOK.

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

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

At a glance

Scorecard

Revenue
58.64m NOK 46.15m NOK
-21.3%
Operating result
+13.33m NOK +10.90m NOK
-18.2%
Net result
+10.73m NOK +8.94m NOK
-16.7%
Equity
5.95m NOK 6.04m NOK
+1.5%
Cash
527.6k NOK 541.9k NOK
+2.7%
Total assets
28.65m NOK 27.41m NOK
-4.3%

What improved

  • ↑

    Equity strengthened

    Book equity 5.95m NOK → 6.04m NOK (equity ratio 20.8% → 22.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 527.6k NOK → 541.9k NOK (+2.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 58.64m NOK to 46.15m NOK (-21.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +13.33m NOK → +10.90m NOK (op. margin 22.7% → 23.6%). Calculated

  • ↓

    Net result weakened

    Net result +10.73m NOK → +8.94m NOK (net margin 18.3% → 19.4%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.47m NOK → 1.80m NOK (-27.2% YoY). Calculated