Org.nr 887 383 782 2018 → 2019 Year-over-year analysis

3T EIENDOM AS: årsregnskap 2019 vs 2018

Another loss-making year

approved 2019-12-31; registry 2020-09-12; journal 2020 797357

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 3T EIENDOM AS. Revenue 17.76m NOK → 17.91m NOK (+0.8%). Equity 1.49m NOK → 1.30m NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for 3T EIENDOM AS.

Scorecard

Revenue
17.76m NOK 17.91m NOK
+0.8%
Operating result
n/m +3.29m NOK
—
Net result
n/m -231.8k NOK
—
Equity
1.49m NOK 1.30m NOK
-12.5%
Cash
560.9k NOK 1.00m NOK
+79.2%
Total assets
165.12m NOK 164.17m NOK
-0.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 17.76m NOK to 17.91m NOK (+0.8% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 560.9k NOK → 1.00m NOK (+79.2% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.49m NOK → 1.30m NOK (equity ratio 0.9% → 0.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 1.49m NOK → 1.30m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Payroll increased

    Salary cost 10.48m NOK → 10.56m NOK (59% → 59% of revenue). Calculated