FirmaIQ
Org.nr 993 995 614 2016 → 2017 Year-over-year analysis

3 NORSKE AS: årsregnskap 2017 vs 2016

Grew 99372% on revenue, weaker earnings, cash halved-plus

approved 2018-06-30; registry 2018-08-07; journal 2018 886670

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 3 NORSKE AS. Revenue 995.4k NOK → 990.18m NOK (+99371.6%). Net result -9.97m NOK → -60.54m NOK. Equity 179.86m NOK → 176.97m NOK.

On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 3 NORSKE AS.

At a glance

Scorecard

Revenue
995.4k NOK 990.18m NOK
+99371.6%
Net result
-9.97m NOK -60.54m NOK
-507.3%
Equity
179.86m NOK 176.97m NOK
-1.6%
Cash
29.04m NOK 13.78m NOK
-52.5%
Total assets
202.6k NOK 200.68m NOK
+98972.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 995.4k NOK to 990.18m NOK (+99371.6% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -9.97m NOK → -60.54m NOK (net margin -1001.5% → -6.1%). Calculated

  • ↓

    Equity eroded

    Book equity 179.86m NOK → 176.97m NOK (equity ratio 88792.8% → 88.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 29.04m NOK → 13.78m NOK (-52.5% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 6.31m NOK → 331.38m NOK (634% → 33% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 385.2k NOK → 394.27m NOK (+102254.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 249.0k NOK → 208.2k NOK. Reported fact