3K EIENDOM NORGE AS: årsregnskap 2020 vs 2019
Weaker earnings
approved 2021-05-31; registry 2021-07-01; journal 2021 510327
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for 3K EIENDOM NORGE AS. Revenue 0 NOK → 490.0k NOK. Net result -27.0k NOK → -57.4k NOK. Equity -21.3k NOK → -78.7k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3K EIENDOM NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 490.0k NOK. Calculated
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↑
Cash rose
Bank deposits 19.0k NOK → 72.5k NOK (+282.2% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result -27.0k NOK → -57.4k NOK. Calculated
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↓
Equity eroded
Book equity -21.3k NOK → -78.7k NOK (equity ratio -9.4% → -16.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 4.68× → 0.69× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -16.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation