3-S EIENDOM AS: årsregnskap 2018 vs 2017
Shrank 97% on revenue, cash halved-plus
approved 2019-04-07; registry 2019-04-16; journal 2019 281375
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 3-S EIENDOM AS. Revenue 72.8k NOK → 2 072 NOK (-97.2%). Net result +2 017 NOK → +2 018 NOK. Equity 451.3k NOK → 109.7k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for 3-S EIENDOM AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 72.8k NOK to 2 072 NOK (-97.2% YoY). Calculated
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↓
Equity eroded
Book equity 451.3k NOK → 109.7k NOK (equity ratio 97.6% → 100.0%). Calculated
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↓
Cash fell
Bank deposits 4.46m NOK → 109.7k NOK (-97.5% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (4.46m NOK → 109.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation