3A HOLDING AS: årsregnskap 2019 vs 2018
Weaker earnings, cash halved-plus
approved 2021-01-26; registry 2021-01-30; journal 2021 110513
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3A HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +11.38m NOK → +73.3k NOK. Equity 1.25m NOK → 134.1k NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for 3A HOLDING AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result +18.70m NOK → +23.6k NOK. Calculated
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↓
Net result weakened
Net result +11.38m NOK → +73.3k NOK. Calculated
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↓
Equity eroded
Book equity 1.25m NOK → 134.1k NOK (equity ratio 422.4% → 87.7%). Calculated
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↓
Cash fell
Bank deposits 134.8k NOK → 32.7k NOK (-75.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 5.67× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 252.7k NOK → 134.1k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 5 500 NOK → 1 NOK. Reported fact