3 N EIENDOM AS: årsregnskap 2019 vs 2018
Shrank 41% on revenue, weaker earnings
approved 2020-05-18; registry 2020-10-06; journal 2020 911053
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3 N EIENDOM AS. Revenue 620.0k NOK → 365.0k NOK (-41.1%). Net result -998.1k NOK → -3.41m NOK. Equity 7.81m NOK → 4.40m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3 N EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 86.0k NOK → 99.6k NOK (+15.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 620.0k NOK to 365.0k NOK (-41.1% YoY). Calculated
-
↓
Operating result weakened
Operating result -1.38m NOK → -3.65m NOK (op. margin -222.1% → -999.5%). Calculated
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↓
Net result weakened
Net result -998.1k NOK → -3.41m NOK (net margin -161.0% → -933.7%). Calculated
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↓
Equity eroded
Book equity 7.81m NOK → 4.40m NOK (equity ratio 95.5% → 87.2%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.44× → 0.44× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 7.65m NOK → 4.45m NOK. Reported fact