FirmaIQ
Org.nr 876 624 532 2016 → 2017 Year-over-year analysis

3-T BYGG AS: årsregnskap 2017 vs 2016

Shrank 8% on revenue

approved 2018-05-31; registry 2018-06-12; journal 2018 459347

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 3-T BYGG AS. Revenue 34.49m NOK → 31.71m NOK (-8.1%). Net result +2.21m NOK → +2.39m NOK. Equity 6.02m NOK → 4.91m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 3-T BYGG AS.

At a glance

Scorecard

Revenue
34.49m NOK 31.71m NOK
-8.1%
Operating result
+3.04m NOK +3.00m NOK
-1.5%
Net result
+2.21m NOK +2.39m NOK
+7.9%
Equity
6.02m NOK 4.91m NOK
-18.5%
Cash
661.3k NOK 450.0k NOK
-32.0%
Total assets
10.80m NOK 11.10m NOK
+2.8%

What improved

  • ↑

    Net result improved

    Net result +2.21m NOK → +2.39m NOK (net margin 6.4% → 7.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 34.49m NOK to 31.71m NOK (-8.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.04m NOK → +3.00m NOK (op. margin 8.8% → 9.4%). Calculated

  • ↓

    Equity eroded

    Book equity 6.02m NOK → 4.91m NOK (equity ratio 55.7% → 44.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 661.3k NOK → 450.0k NOK (-32.0% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 9.06m NOK → 9.16m NOK (26% → 29% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 19.82m NOK → 17.62m NOK (-11.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 202.2k NOK → 102.2k NOK. Reported fact