FirmaIQ
Org.nr 981 580 435 2016 → 2017 Year-over-year analysis

3 T PIRBADET AS: årsregnskap 2017 vs 2016

Shrank 9% on revenue, slipped into loss

approved 2018-06-30; registry 2018-08-01; journal 2018 834711

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 3 T PIRBADET AS. Revenue 9.71m NOK → 8.87m NOK (-8.6%). Net result +1.39m NOK → -686.0k NOK. Equity 2.40m NOK → 1.71m NOK.

Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3 T PIRBADET AS.

At a glance

Scorecard

Revenue
9.71m NOK 8.87m NOK
-8.6%
Operating result
+1.47m NOK n/m
—
Net result
+1.39m NOK -686.0k NOK
-149.3%
Equity
2.40m NOK 1.71m NOK
-28.6%
Cash
213.9k NOK 134.5k NOK
-37.1%
Total assets
4.39m NOK 2.90m NOK
-34.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.71m NOK to 8.87m NOK (-8.6% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1.39m NOK profit to a loss of 686.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.40m NOK → 1.71m NOK (equity ratio 54.6% → 59.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 213.9k NOK → 134.5k NOK (-37.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 8 NOK → 877.7k NOK (0% → 10% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 394.9k NOK → 349.6k NOK (-11.5% YoY). Calculated