3XS FORVALTNING AS: årsregnskap 2019 vs 2018
Mixed movements in the accounts
approved 2019-12-31; registry 2020-05-11; journal 2020 346536
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for 3XS FORVALTNING AS. Equity 146.8k NOK → 49.7k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3XS FORVALTNING AS.
At a glance
Scorecard
Revenue
n/m
408 NOK
—
Operating result
n/m
-4 074 NOK
—
Equity
146.8k NOK
49.7k NOK
-66.2%
Cash
705 NOK
612.4k NOK
+86771.1%
Total assets
795.5k NOK
1.71m NOK
+114.7%
What improved
-
↑
Cash rose
Bank deposits 705 NOK → 612.4k NOK (+86771.1% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.01× → 6.54×. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 146.8k NOK → 49.7k NOK (equity ratio 18.5% → 2.9%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 2.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation