Org.nr 990 317 216 2009 → 2010 Year-over-year analysis

3H EIENDOM AS: årsregnskap 2010 vs 2009

Shrank 7% on revenue, slipped into loss, cash halved-plus

approved 2011-08-31; registry 2011-09-12; journal 2011 751817

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for 3H EIENDOM AS. Revenue 752.4k NOK → 698.6k NOK (-7.2%). Net result +170 NOK → -264.2k NOK. Equity 402.9k NOK → 138.6k NOK.

Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3H EIENDOM AS.

Scorecard

Revenue
752.4k NOK 698.6k NOK
-7.2%
Operating result
+379.4k NOK n/m
—
Net result
+170 NOK -264.2k NOK
-155485.9%
Equity
402.9k NOK 138.6k NOK
-65.6%
Cash
150.5k NOK 5 474 NOK
-96.4%
Total assets
2.66m NOK 5.90m NOK
+121.5%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 752.4k NOK to 698.6k NOK (-7.2% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 170 NOK profit to a loss of 264.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 402.9k NOK → 138.6k NOK (equity ratio 15.1% → 2.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 150.5k NOK → 5 474 NOK (-96.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation