3 LAB AS: årsregnskap 2018 vs 2017
Shrank 100% on revenue, slipped into loss
approved 2019-03-08; registry 2019-05-04; journal 2019 304082
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 3 LAB AS. Revenue 271.4k NOK → 905 NOK (-99.7%). Net result +13.0k NOK → -75.7k NOK. Equity 43.0k NOK → -32.7k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3 LAB AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 87.2k NOK → 113.5k NOK (+30.2% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 271.4k NOK to 905 NOK (-99.7% YoY). Calculated
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↓
Operating result weakened
Operating result +17.1k NOK → -76.0k NOK (op. margin 6.3% → -8400.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 13.0k NOK profit to a loss of 75.7k NOK. Calculated
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↓
Equity eroded
Book equity 43.0k NOK → -32.7k NOK (equity ratio 35.5% → -8.6%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.22× → 0.61× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -8.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation