3X LIEN EIENDOM AS: årsregnskap 2021 vs 2020
Cash halved-plus
approved 2022-03-25; registry 2022-03-31; journal 2022 177065
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for 3X LIEN EIENDOM AS. Revenue 0 NOK → 11.5k NOK. Net result -15.0k NOK → -13.4k NOK. Equity 972.9k NOK → 959.4k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for 3X LIEN EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 11.5k NOK. Calculated
-
↑
Operating result improved
Operating result -15.2k NOK → -14.0k NOK. Calculated
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↑
Net result improved
Net result -15.0k NOK → -13.4k NOK. Calculated
What deteriorated
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↓
Equity eroded
Book equity 972.9k NOK → 959.4k NOK (equity ratio 97.2% → 53.3%). Calculated
-
↓
Cash fell
Bank deposits 1.00m NOK → 81.8k NOK (-91.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 36.05× → 0.10× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.00m NOK → 81.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation