Org.nr 991 545 980 2016 → 2017 Year-over-year analysis

3 NORSKE HANDEL OG INDUSTRI AS: årsregnskap 2017 vs 2016

Grew 619% on revenue

approved 2018-06-30; registry 2018-08-08; journal 2018 886704

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 3 NORSKE HANDEL OG INDUSTRI AS. Revenue 24.0k NOK → 172.5k NOK (+618.8%). Equity 30.34m NOK → 27.46m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3 NORSKE HANDEL OG INDUSTRI AS.

At a glance

Revenue

24.0k NOK 172.5k NOK

+618.8%

Operating result

-114.6k NOK n/m

—

Net result

-1.01m NOK n/m

—

Equity

30.34m NOK 27.46m NOK

-9.5%

Cash

80.5k NOK 51.3k NOK

-36.3%

Total assets

155.62m NOK 151.10m NOK

-2.9%

↑
Revenue rose

Operating income / revenue moved from 24.0k NOK to 172.5k NOK (+618.8% YoY). Calculated

↓
Equity eroded

Book equity 30.34m NOK → 27.46m NOK (equity ratio 19.5% → 18.2%). Calculated
↓
Cash fell

Bank deposits 80.5k NOK → 51.3k NOK (-36.3% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 11.12× → 0.79× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Book investments changed

Investment / intangible book value 150.65m NOK → 147.68m NOK. Reported fact