3X TRAFIKKSKOLE AS: årsregnskap 2020 vs 2019
Shrank 7% on revenue, cash halved-plus, fresh owner capital
approved 2021-03-24; registry 2021-04-08; journal 2021 182020
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 3X TRAFIKKSKOLE AS. Revenue 6.36m NOK → 5.90m NOK (-7.3%). Equity 233.8k NOK → 244.4k NOK.
On the constructive side: equity strengthened; owners injected capital; payroll decreased. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3X TRAFIKKSKOLE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 233.8k NOK → 244.4k NOK (equity ratio 128.5% → 16.0%). Calculated
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↑
Owners injected capital
Paid-in equity rose 202 NOK → 202.0k NOK (+201.8k NOK). Reported fact
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↑
Payroll decreased
Salary cost 3.61m NOK → 3.34m NOK (57% → 57% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6.36m NOK to 5.90m NOK (-7.3% YoY). Calculated
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↓
Cash fell
Bank deposits 854.8k NOK → 1 129 NOK (-99.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.26× → 0.31× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 198.1k NOK → 172.1k NOK (-13.1% YoY). Calculated