3 F MANAGEMENT AS: årsregnskap 2017 vs 2016
Shrank 88% on revenue
approved 2018-05-31; registry 2018-06-21; journal 2018 524648
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 3 F MANAGEMENT AS. Revenue 768.7k NOK → 90.0k NOK (-88.3%). Equity 6.23m NOK → 6.04m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
768.7k NOK
90.0k NOK
-88.3%
Operating result
+218.35bn NOK
n/m
—
Net result
+139.36bn NOK
n/m
—
Equity
6.23m NOK
6.04m NOK
-3.1%
Cash
2.05m NOK
1.75m NOK
-14.3%
Total assets
6.64m NOK
6.31m NOK
-5.0%
What improved
-
↑
Payroll decreased
Salary cost 1.12m NOK → 97.8k NOK (146% → 109% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 768.7k NOK to 90.0k NOK (-88.3% YoY). Calculated
-
↓
Equity eroded
Book equity 6.23m NOK → 6.04m NOK (equity ratio 93.8% → 95.7%). Calculated
-
↓
Cash fell
Bank deposits 2.05m NOK → 1.75m NOK (-14.3% YoY). Calculated