FirmaIQ
Org.nr 976 114 329 2016 → 2017 Year-over-year analysis

3ANGLE AS: årsregnskap 2017 vs 2016

Shrank 14% on revenue, weaker earnings

approved 2018-02-28; registry 2018-03-26; journal 2018 247516

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 3ANGLE AS. Revenue 182.8k NOK → 157.3k NOK (-13.9%). Net result +42.0k NOK → +9 393 NOK. Equity 26.5k NOK → 17.1k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
182.8k NOK 157.3k NOK
-13.9%
Operating result
+42.0k NOK +9 402 NOK
-77.6%
Net result
+42.0k NOK +9 393 NOK
-77.7%
Equity
26.5k NOK 17.1k NOK
-35.5%
Cash
41.5k NOK 23.3k NOK
-43.9%
Total assets
52.5k NOK 46.5k NOK
-11.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 182.8k NOK to 157.3k NOK (-13.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +42.0k NOK → +9 402 NOK (op. margin 23.0% → 6.0%). Calculated

  • ↓

    Net result weakened

    Net result +42.0k NOK → +9 393 NOK (net margin 23.0% → 6.0%). Calculated

  • ↓

    Equity eroded

    Book equity 26.5k NOK → 17.1k NOK (equity ratio 50.4% → 36.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 41.5k NOK → 23.3k NOK (-43.9% YoY). Calculated