Org.nr 878 703 812 1999 → 2000 Year-over-year analysis

3 STEP IT AS: årsregnskap 2000 vs 1999

Shrank 9% on revenue, weaker earnings

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2000 with 1999 for 3 STEP IT AS. Revenue 380.56m NOK → 347.66m NOK (-8.6%). Net result +398.1k NOK → +45.5k NOK. Equity 686.9k NOK → 732.4k NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for 3 STEP IT AS.

Scorecard

Revenue
380.56m NOK 347.66m NOK
-8.6%
Operating result
+647.2k NOK +318.6k NOK
-50.8%
Net result
+398.1k NOK +45.5k NOK
-88.6%
Equity
686.9k NOK 732.4k NOK
+6.6%
Total assets
n/m 127.29m NOK
—

What improved

  • ↑

    Equity strengthened

    Book equity 686.9k NOK → 732.4k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 380.56m NOK to 347.66m NOK (-8.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +647.2k NOK → +318.6k NOK (op. margin 0.2% → 0.1%). Calculated

  • ↓

    Net result weakened

    Net result +398.1k NOK → +45.5k NOK (net margin 0.1% → 0.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation