FirmaIQ
Org.nr 914 251 133 2018 → 2019 Year-over-year analysis

3V EIENDOM AS: årsregnskap 2019 vs 2018

Shrank 9% on revenue

approved 2020-07-02; registry 2020-07-21; journal 2020 595680

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 3V EIENDOM AS. Revenue 6.16m NOK → 5.60m NOK (-9.0%). Net result +1.16m NOK → +1.29m NOK. Equity 460.1k NOK → 465.9k NOK.

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

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

At a glance

Scorecard

Revenue
6.16m NOK 5.60m NOK
-9.0%
Operating result
+1.51m NOK +1.66m NOK
+10.3%
Net result
+1.16m NOK +1.29m NOK
+11.4%
Equity
460.1k NOK 465.9k NOK
+1.3%
Cash
506.9k NOK 291.5k NOK
-42.5%
Total assets
2.14m NOK 2.41m NOK
+12.7%

What improved

  • ↑

    Operating result improved

    Operating result +1.51m NOK → +1.66m NOK (op. margin 24.5% → 29.7%). Calculated

  • ↑

    Net result improved

    Net result +1.16m NOK → +1.29m NOK (net margin 18.9% → 23.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 460.1k NOK → 465.9k NOK (equity ratio 21.5% → 19.3%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.89× → 1.94×. Calculated

  • ↑

    Payroll decreased

    Salary cost 1.68m NOK → 1.49m NOK (27% → 27% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.16m NOK to 5.60m NOK (-9.0% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 506.9k NOK → 291.5k NOK (-42.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 996.2k NOK → 498.8k NOK (-49.9% YoY). Calculated