3BL GROUP AS: årsregnskap 2020 vs 2019
Weaker earnings
registry 2021-07-10; journal 2021 550439
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 3BL GROUP AS. Net result -5 568 NOK → -204.0k NOK. Equity 24.4k NOK → -179.6k 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 3BL GROUP AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 24.4k NOK → 251.7k NOK (+930.0% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -5 570 NOK → -204.1k NOK. Calculated
-
↓
Net result weakened
Net result -5 568 NOK → -204.0k NOK. Calculated
-
↓
Equity eroded
Book equity 24.4k NOK → -179.6k NOK (equity ratio 100.0% → -53.6%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -53.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation