3E INVEST AS: årsregnskap 2020 vs 2019
Another loss-making year
approved 2021-08-31; registry 2021-09-18; journal 2021 764886
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 3E INVEST AS. Net result -272.7k NOK → -293.3k NOK. Equity -235.4k NOK → -530.8k NOK.
On the constructive side: operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 3E INVEST AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -9 385 NOK → 0 NOK. Calculated
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↑
Cash rose
Bank deposits 27.9k NOK → 32.3k NOK (+15.6% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result -272.7k NOK → -293.3k NOK. Calculated
-
↓
Equity eroded
Book equity -235.4k NOK → -530.8k NOK (equity ratio -3.2% → -7.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -7.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 7 293 NOK → 7.29m NOK. Reported fact