Org.nr 913 592 220 2019 → 2020 Year-over-year analysis

3M EIENDOM AS: årsregnskap 2020 vs 2019

Grew 18% on revenue, weaker earnings, cash halved-plus

approved 2021-04-21; registry 2021-06-26; journal 2021 475425

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for 3M EIENDOM AS. Revenue 583.7k NOK → 690.3k NOK (+18.2%). Net result -44.9k NOK → -349.3k NOK. Equity 2.02m NOK → 2.04m NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; net result weakened; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
583.7k NOK 690.3k NOK
+18.2%
Operating result
-58.1k NOK -448.2k NOK
-671.6%
Net result
-44.9k NOK -349.3k NOK
-677.1%
Equity
2.02m NOK 2.04m NOK
+0.8%
Cash
948.6k NOK 106.3k NOK
-88.8%
Total assets
2.16m NOK 2.39m NOK
+10.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 583.7k NOK to 690.3k NOK (+18.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 2.02m NOK → 2.04m NOK (equity ratio 93.5% → 85.3%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 514.3k NOK → 880.7k NOK (+366.4k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -58.1k NOK → -448.2k NOK (op. margin -10.0% → -64.9%). Calculated

  • ↓

    Net result weakened

    Net result -44.9k NOK → -349.3k NOK (net margin -7.7% → -50.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 948.6k NOK → 106.3k NOK (-88.8% YoY). Calculated