3 N EIENDOM AS: årsregnskap 2017 vs 2016
Shrank 100% on revenue, slipped into loss
approved 2018-06-30; registry 2018-08-09; journal 2018 888086
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 3 N EIENDOM AS. Revenue 236.2k NOK → 620 NOK (-99.7%). Net result +154.7k NOK → -1.20m NOK. Equity 10.01m NOK → 8.81m NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3 N EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 10.2k NOK → 60.7k NOK (+493.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.61× → 2.50×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 236.2k NOK to 620 NOK (-99.7% YoY). Calculated
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↓
Operating result weakened
Operating result -89.7k NOK → -1.59m NOK (op. margin -38.0% → -257178.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 154.7k NOK profit to a loss of 1.20m NOK. Calculated
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↓
Equity eroded
Book equity 10.01m NOK → 8.81m NOK (equity ratio 96.1% → 97.0%). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 236 NOK → 1.85m NOK (1% → 297583% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 10.17m NOK → 8.40m NOK. Reported fact