FirmaIQ
Org.nr 975 339 793 2016 → 2017 Year-over-year analysis

3 TS INDUSTRISERVICE AS: årsregnskap 2017 vs 2016

Shrank 46% on revenue

approved 2018-06-18; registry 2018-06-23; journal 2018 531370

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 3 TS INDUSTRISERVICE AS. Revenue 41.74m NOK → 22.40m NOK (-46.3%). Net result +650.5k NOK → +634.9k NOK. Equity 4.76m NOK → 5.40m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; cash fell.

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

At a glance

Scorecard

Revenue
41.74m NOK 22.40m NOK
-46.3%
Net result
+650.5k NOK +634.9k NOK
-2.4%
Equity
4.76m NOK 5.40m NOK
+13.3%
Cash
5.36m NOK 4.66m NOK
-13.1%
Total assets
12.11m NOK 12.06m NOK
-0.4%

What improved

  • ↑

    Equity strengthened

    Book equity 4.76m NOK → 5.40m NOK (equity ratio 39.4% → 44.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 12.88m NOK → 9.20m NOK (31% → 41% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 41.74m NOK to 22.40m NOK (-46.3% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 5.36m NOK → 4.66m NOK (-13.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 22.12m NOK → 7.93m NOK (-64.1% YoY). Calculated