3L EIENDOM AS: årsregnskap 2015 vs 2014
Another loss-making year
approved 2016-03-02; registry 2016-06-11; journal 2016 498683
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for 3L EIENDOM AS. Revenue 106.8k NOK → 109.2k NOK (+2.2%). Net result -28.4k NOK → -27.7k NOK. Equity -160.5k NOK → -188.2k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: equity eroded.
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
-
↑
Revenue rose
Operating income / revenue moved from 106.8k NOK to 109.2k NOK (+2.2% YoY). Calculated
-
↑
Operating result improved
Operating result +91.5k NOK → +92.5k NOK (op. margin 85.6% → 84.7%). Calculated
-
↑
Cash rose
Bank deposits 16.0k NOK → 20.8k NOK (+29.7% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -160.5k NOK → -188.2k NOK (equity ratio -4.8% → -5.6%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -5.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 2.34m NOK → 2.35m NOK. Reported fact