3I3NDOM AS: årsregnskap 2019 vs 2018
Slipped into loss, cash halved-plus
approved 2020-08-31; registry 2020-10-14; journal 2020 943756
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3I3NDOM AS. Revenue 0 NOK → 15.0k NOK. Net result +5 084 NOK → -313.6k NOK. Equity 24.9k NOK → -288.7k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3I3NDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 15.0k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -6 522 NOK → -188.5k NOK. Calculated
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↓
Fell into a net loss
Net result flipped from 5 084 NOK profit to a loss of 313.6k NOK. Calculated
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↓
Equity eroded
Book equity 24.9k NOK → -288.7k NOK (equity ratio 100.0% → -9.2%). Calculated
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↓
Cash fell
Bank deposits 23.5k NOK → 4 378 NOK (-81.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -9.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation