Org.nr 991 517 081 2018 → 2019 Year-over-year analysis

3L EIENDOM AS: årsregnskap 2019 vs 2018

Shrank 19% on revenue

approved 2020-09-21; registry 2020-10-08; journal 2020 917922

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for 3L EIENDOM AS. Revenue 123.6k NOK → 100.0k NOK (-19.1%). Equity 59.5k NOK → 47.7k NOK.

Pressures included: revenue fell; 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

Revenue

123.6k NOK 100.0k NOK

-19.1%

Operating result

n/m +65.3k NOK

—

Net result

n/m -11.8k NOK

—

Equity

59.5k NOK 47.7k NOK

-19.8%

Cash

21.1k NOK 19.5k NOK

-7.6%

Total assets

3.68m NOK 3.79m NOK

+3.0%

↓
Revenue fell

Operating income / revenue moved from 123.6k NOK to 100.0k NOK (-19.1% YoY). Calculated
↓
Equity eroded

Book equity 59.5k NOK → 47.7k NOK (equity ratio 1.6% → 1.3%). Calculated
↓
Cash fell

Bank deposits 21.1k NOK → 19.5k NOK (-7.6% YoY). Calculated

·
Thin equity buffer

Equity ratio is 1.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Book investments changed

Investment / intangible book value 2.38m NOK → 2.40m NOK. Reported fact