Org.nr 921 031 017 2018 → 2019 Year-over-year analysis

3XO HOLDING AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-05-25; registry 2020-06-10; journal 2020 414216

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 3XO HOLDING AS. Net result +1.40m NOK → +2.40m NOK. Equity 1.97m NOK → 4.37m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3XO HOLDING AS.

Scorecard

Operating result
0 NOK -16.2k NOK
—
Net result
+1.40m NOK +2.40m NOK
+71.2%
Equity
1.97m NOK 4.37m NOK
+121.5%
Cash
1 410 NOK 3.81m NOK
+270245.3%
Total assets
1.98m NOK 4.38m NOK
+121.1%

What improved

  • ↑

    Net result improved

    Net result +1.40m NOK → +2.40m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.97m NOK → 4.37m NOK (equity ratio 99.5% → 99.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 410 NOK → 3.81m NOK (+270245.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result 0 NOK → -16.2k NOK. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 572.6k NOK → 5 NOK. Reported fact