Org.nr 918 279 857 2017 → 2018 Year-over-year analysis

3B NORGE AS: årsregnskap 2018 vs 2017

Grew 135935% on revenue, returned to profit

approved 2019-06-30; registry 2019-07-16; journal 2019 722094

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for 3B NORGE AS. Revenue 1 135 NOK → 1.54m NOK (+135935.2%). Net result -9 186 NOK → +209.6k NOK. Equity 15.2k NOK → 9.22m NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3B NORGE AS.

Scorecard

Revenue
1 135 NOK 1.54m NOK
+135935.2%
Net result
-9 186 NOK +209.6k NOK
+2381.6%
Equity
15.2k NOK 9.22m NOK
+60398.7%
Cash
88.5k NOK 80.5k NOK
-9.0%
Total assets
750.5k NOK 1 130 NOK
-99.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 135 NOK to 1.54m NOK (+135935.2% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 9 186 NOK to a profit of 209.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 15.2k NOK → 9.22m NOK (equity ratio 2.0% → 816357.5%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 88.5k NOK → 80.5k NOK (-9.0% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.72× → 0.86× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 15.0k NOK → 60.0k NOK. Reported fact