3D EIENDOM AS: årsregnskap 2020 vs 2019
Grew 10% on revenue
approved 2021-04-20; registry 2021-05-27; journal 2021 332197
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 3D EIENDOM AS. Revenue 525.6k NOK → 576.8k NOK (+9.7%). Net result -376.6k NOK → -308.3k NOK. Equity -1.10m NOK → -1.41m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3D EIENDOM AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 525.6k NOK to 576.8k NOK (+9.7% YoY). Calculated
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Operating result improved
Operating result -50.2k NOK → -14.2k NOK (op. margin -9.5% → -2.5%). Calculated
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Net result improved
Net result -376.6k NOK → -308.3k NOK (net margin -71.7% → -53.5%). Calculated
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Cash rose
Bank deposits 28.0k NOK → 57.9k NOK (+107.0% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.75× → 1.13×. Calculated
What deteriorated
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↓
Equity eroded
Book equity -1.10m NOK → -1.41m NOK (equity ratio -13.5% → -18.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -18.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation