Org.nr 920 604 048 2018 → 2019 Year-over-year analysis

3X EIENDOM AS: årsregnskap 2019 vs 2018

Grew 214% on revenue, returned to profit, fresh owner capital

approved 2020-03-16; registry 2020-04-16; journal 2020 292093

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for 3X EIENDOM AS. Revenue 91.0k NOK → 286.0k NOK (+214.3%). Net result -11.5k NOK → +4 NOK. Equity 13.0k NOK → 55.3k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.

Net constructive year on the published lines.

Scorecard

Revenue
91.0k NOK 286.0k NOK
+214.3%
Operating result
+30.5k NOK +178.9k NOK
+487.0%
Net result
-11.5k NOK +4 NOK
+100.0%
Equity
13.0k NOK 55.3k NOK
+326.7%
Cash
1 021 NOK 11.4k NOK
+1020.7%
Total assets
3.44m NOK 3.37m NOK
-1.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 91.0k NOK to 286.0k NOK (+214.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +30.5k NOK → +178.9k NOK (op. margin 33.5% → 62.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 11.5k NOK to a profit of 4 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 13.0k NOK → 55.3k NOK (equity ratio 0.4% → 1.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 021 NOK → 11.4k NOK (+1020.7% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.47× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated