FirmaIQ
Org.nr 976 114 329 2017 → 2018 Year-over-year analysis

3ANGLE AS: årsregnskap 2018 vs 2017

Shrank 49% on revenue, cash halved-plus

approved 2019-03-29; registry 2019-04-30; journal 2019 296265

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 3ANGLE AS. Revenue 157.3k NOK → 80.2k NOK (-49.0%). Net result +9 393 NOK → +8 063 NOK. Equity 17.1k NOK → 9 003 NOK.

Pressures included: revenue fell; net result weakened; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
157.3k NOK 80.2k NOK
-49.0%
Operating result
+9 402 NOK n/m
—
Net result
+9 393 NOK +8 063 NOK
-14.2%
Equity
17.1k NOK 9 003 NOK
-47.2%
Cash
23.3k NOK 9 003 NOK
-61.3%
Total assets
46.5k NOK 9 003 NOK
-80.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 157.3k NOK to 80.2k NOK (-49.0% YoY). Calculated

  • ↓

    Net result weakened

    Net result +9 393 NOK → +8 063 NOK (net margin 6.0% → 10.1%). Calculated

  • ↓

    Equity eroded

    Book equity 17.1k NOK → 9 003 NOK (equity ratio 36.7% → 100.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 23.3k NOK → 9 003 NOK (-61.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.58× → 0.31× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated