Org.nr 923 807 497 2019 → 2020 Year-over-year analysis

1C EIENDOM AS: årsregnskap 2020 vs 2019

Weaker earnings

approved 2021-03-08; registry 2021-06-02; journal 2021 372082

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 1C EIENDOM AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -3 022 NOK → -138.5k NOK. Equity 21.4k NOK → -117.1k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 1C EIENDOM AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-3 026 NOK -138.5k NOK
-4478.1%
Net result
-3 022 NOK -138.5k NOK
-4484.0%
Equity
21.4k NOK -117.1k NOK
-647.1%
Cash
22.0k NOK 33.8k NOK
+53.6%
Total assets
22.0k NOK 295.9k NOK
+1244.5%

What improved

  • ↑

    Cash rose

    Bank deposits 22.0k NOK → 33.8k NOK (+53.6% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -3 026 NOK → -138.5k NOK. Calculated

  • ↓

    Net result weakened

    Net result -3 022 NOK → -138.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 21.4k NOK → -117.1k NOK (equity ratio 97.3% → -39.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -39.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation