Org.nr 996 711 803 2019 → 2020 Year-over-year analysis

3F HOLDING AS: årsregnskap 2020 vs 2019

Slipped into loss

approved 2021-11-18; registry 2021-11-22; journal 2021 898928

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 3F HOLDING AS. Net result +583.7k NOK → -817.9k NOK. Equity 3.55m NOK → 798.7k NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3F HOLDING AS.

Scorecard

Operating result
-33.5k NOK -122.8k NOK
-266.4%
Net result
+583.7k NOK -817.9k NOK
-240.1%
Equity
3.55m NOK 798.7k NOK
-77.5%
Cash
26.9k NOK 18.0k NOK
-33.0%
Total assets
3.56m NOK 4.02m NOK
+13.2%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -33.5k NOK → -122.8k NOK. Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 583.7k NOK profit to a loss of 817.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.55m NOK → 798.7k NOK (equity ratio 99.7% → 19.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 26.9k NOK → 18.0k NOK (-33.0% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 327.70× → 0.13× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 160.7k NOK → 3.60m NOK. Reported fact