Org.nr 887 383 782 2019 → 2020 Year-over-year analysis

3T EIENDOM AS: årsregnskap 2020 vs 2019

Shrank 27% on revenue, weaker earnings, cash halved-plus

approved 2021-06-30; registry 2021-07-29; journal 2021 555635

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for 3T EIENDOM AS. Revenue 17.91m NOK → 13.06m NOK (-27.1%). Net result -231.8k NOK → -1.20m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

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

At a glance

Revenue

17.91m NOK 13.06m NOK

-27.1%

Operating result

+3.29m NOK +1.59m NOK

-51.6%

Net result

-231.8k NOK -1.20m NOK

-416.3%

Equity

1.30m NOK n/m

—

Cash

1.00m NOK 463.0k NOK

-53.9%

Total assets

164.17m NOK 148.79m NOK

-9.4%

↓
Revenue fell

Operating income / revenue moved from 17.91m NOK to 13.06m NOK (-27.1% YoY). Calculated
↓
Operating result weakened

Operating result +3.29m NOK → +1.59m NOK (op. margin 18.4% → 12.2%). Calculated
↓
Net result weakened

Net result -231.8k NOK → -1.20m NOK (net margin -1.3% → -9.2%). Calculated
↓
Cash fell

Bank deposits 1.00m NOK → 463.0k NOK (-53.9% YoY). Calculated
↓
COGS moved

COGS / varekostnad 328 NOK → 30.0k NOK (+9046.3% YoY). Calculated

·
Paid-in equity reduced

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