FirmaIQ
Org.nr 911 962 241 2017 → 2018 Year-over-year analysis

3B HYTTESERVICE AS: årsregnskap 2018 vs 2017

Shrank 34% on revenue, stronger earnings

approved 2019-06-30; registry 2019-08-08; journal 2019 909622

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 3B HYTTESERVICE AS. Revenue 354.9k NOK → 233.0k NOK (-34.4%). Net result -252.2k NOK → -31.7k NOK. Equity -280.1k NOK → -311.8k NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
354.9k NOK 233.0k NOK
-34.4%
Operating result
-326.7k NOK -31.6k NOK
+90.3%
Net result
-252.2k NOK -31.7k NOK
+87.4%
Equity
-280.1k NOK -311.8k NOK
-11.3%
Cash
109.0k NOK 123.6k NOK
+13.4%
Total assets
200.7k NOK 226.3k NOK
+12.8%

What improved

  • ↑

    Operating result improved

    Operating result -326.7k NOK → -31.6k NOK (op. margin -92.0% → -13.6%). Calculated

  • ↑

    Net result improved

    Net result -252.2k NOK → -31.7k NOK (net margin -71.1% → -13.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 109.0k NOK → 123.6k NOK (+13.4% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 354.9k NOK to 233.0k NOK (-34.4% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -280.1k NOK → -311.8k NOK (equity ratio -139.5% → -137.8%). Calculated