Org.nr 919 031 921 2019 → 2020 Year-over-year analysis

3A HOLDING AS: årsregnskap 2020 vs 2019

Slipped into loss

approved 2021-02-05; registry 2021-02-09; journal 2021 114340

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 3A HOLDING AS. Net result +73.3k NOK → -75.7k NOK. Equity 134.1k NOK → 58.4k NOK.

On the constructive side: current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; paid-in equity reduced. All figures are taken from the published annual accounts for 3A HOLDING AS.

Scorecard

Revenue
0 NOK n/m
—
Operating result
+23.6k NOK -18.1k NOK
-176.8%
Net result
+73.3k NOK -75.7k NOK
-203.3%
Equity
134.1k NOK 58.4k NOK
-56.5%
Cash
32.7k NOK 17.5k NOK
-46.4%
Total assets
152.9k NOK 1.09m NOK
+613.4%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.06× → 87.70×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +23.6k NOK → -18.1k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 73.3k NOK profit to a loss of 75.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 134.1k NOK → 58.4k NOK (equity ratio 87.7% → 5.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 32.7k NOK → 17.5k NOK (-46.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 134.1k NOK → 81.2k NOK — check capital reduction, conversion, or reclassification. Interpretation