FirmaIQ
Org.nr 914 499 100 2019 → 2020 Year-over-year analysis

3XH TRADING AS: årsregnskap 2020 vs 2019

Grew 5% on revenue, weaker earnings

approved 2021-03-01; registry 2021-09-29; journal 2021 829112

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 3XH TRADING AS. Revenue 55.6k NOK → 58.6k NOK (+5.5%). Net result +1.05m NOK → +536.5k NOK. Equity 151.7k NOK → 139.4k NOK.

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

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

At a glance

Scorecard

Revenue
55.6k NOK 58.6k NOK
+5.5%
Operating result
+410.2k NOK -240.2k NOK
-158.5%
Net result
+1.05m NOK +536.5k NOK
-49.0%
Equity
151.7k NOK 139.4k NOK
-8.1%
Cash
151.7k NOK 133.3k NOK
-12.1%
Total assets
162.4k NOK 146.6k NOK
-9.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 55.6k NOK to 58.6k NOK (+5.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +410.2k NOK → -240.2k NOK (op. margin 738.2% → -409.8%). Calculated

  • ↓

    Net result weakened

    Net result +1.05m NOK → +536.5k NOK (net margin 1893.3% → 915.3%). Calculated

  • ↓

    Equity eroded

    Book equity 151.7k NOK → 139.4k NOK (equity ratio 93.4% → 95.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 151.7k NOK → 133.3k NOK (-12.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 188.5k NOK → 87.8k NOK (-53.4% YoY). Calculated