3L EIENDOM AS: årsregnskap 2014 vs 2013
Another loss-making year
approved 2015-02-20; registry 2015-06-16; journal 2015 467242
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for 3L EIENDOM AS. Revenue 102.0k NOK → 106.8k NOK (+4.7%). Net result -24.1k NOK → -28.4k NOK. Equity -132.1k NOK → -160.5k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 3L EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 102.0k NOK to 106.8k NOK (+4.7% YoY). Calculated
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↑
Operating result improved
Operating result +87.0k NOK → +91.5k NOK (op. margin 85.3% → 85.6%). Calculated
What deteriorated
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↓
Net result weakened
Net result -24.1k NOK → -28.4k NOK (net margin -23.6% → -26.6%). Calculated
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↓
Equity eroded
Book equity -132.1k NOK → -160.5k NOK (equity ratio -4.0% → -4.8%). Calculated
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↓
Cash fell
Bank deposits 18.3k NOK → 16.0k NOK (-12.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -4.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 2.32m NOK → 2.34m NOK. Reported fact