Org.nr 922 673 160 2019 → 2020 Year-over-year analysis

3.M EIENDOM AS: årsregnskap 2020 vs 2019

Shrank 100% on revenue, cash halved-plus

approved 2021-03-01; registry 2021-03-09; journal 2021 138749

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 3.M EIENDOM AS. Revenue 245.0k NOK → 474 NOK (-99.8%). Equity 79.1k NOK → 31.2k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3.M EIENDOM AS.

At a glance

Revenue

245.0k NOK 474 NOK

-99.8%

Operating result

+143.7k NOK +108.6k NOK

-24.4%

Net result

n/m -47.9k NOK

—

Equity

79.1k NOK 31.2k NOK

-60.6%

Cash

333.3k NOK 90.5k NOK

-72.8%

Total assets

5.97m NOK 7.20m NOK

+20.6%

↓
Revenue fell

Operating income / revenue moved from 245.0k NOK to 474 NOK (-99.8% YoY). Calculated
↓
Operating result weakened

Operating result +143.7k NOK → +108.6k NOK (op. margin 58.7% → 22909.3%). Calculated
↓
Equity eroded

Book equity 79.1k NOK → 31.2k NOK (equity ratio 1.3% → 0.4%). Calculated
↓
Cash fell

Bank deposits 333.3k NOK → 90.5k NOK (-72.8% YoY). Calculated

·
Thin equity buffer

Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation