FirmaIQ
Org.nr 976 485 556 2017 → 2018 Year-over-year analysis

3 PRO, PROFESJONELL PROTOTYP OG PODUKTUTVIKLING AS: årsregnskap 2018 vs 2017

Shrank 7% on revenue

approved 2019-06-29; registry 2019-08-06; journal 2019 876040

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 3 PRO, PROFESJONELL PROTOTYP OG PODUKTUTVIKLING AS. Revenue 2.86m NOK → 2.65m NOK (-7.3%). Equity 3.67m NOK → 4.16m NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3 PRO, PROFESJONELL PROTOTYP OG PODUKTUTVIKLING AS.

At a glance

Scorecard

Revenue
2.86m NOK 2.65m NOK
-7.3%
Equity
3.67m NOK 4.16m NOK
+13.4%
Cash
30.8k NOK 972.9k NOK
+3060.1%
Total assets
4.47m NOK 4.91m NOK
+9.8%

What improved

  • ↑

    Equity strengthened

    Book equity 3.67m NOK → 4.16m NOK (equity ratio 82.1% → 84.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 30.8k NOK → 972.9k NOK (+3060.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 2.19×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.86m NOK to 2.65m NOK (-7.3% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 9.64m NOK → 12.59m NOK (338% → 476% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 29.0k NOK → 12.0k NOK (-58.5% YoY). Calculated