3-S EIENDOM AS: årsregnskap 2017 vs 2016
Shrank 80% on revenue, weaker earnings
approved 2018-04-20; registry 2018-05-03; journal 2018 297203
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 3-S EIENDOM AS. Revenue 361.3k NOK → 72.8k NOK (-79.8%). Net result +92.0k NOK → +2 017 NOK. Equity 1.99m NOK → 451.3k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for 3-S EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 43.7k NOK → 4.46m NOK (+10123.2% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.53× → 40.87×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 361.3k NOK to 72.8k NOK (-79.8% YoY). Calculated
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↓
Net result weakened
Net result +92.0k NOK → +2 017 NOK (net margin 25.5% → 2.8%). Calculated
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↓
Equity eroded
Book equity 1.99m NOK → 451.3k NOK (equity ratio 31.2% → 97.6%). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 2.00m NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation