Org.nr 898 785 122 2017 → 2018 Year-over-year analysis

3C UTVIKLING AS: årsregnskap 2018 vs 2017

Shrank 58% on revenue

approved 2019-06-12; registry 2019-07-11; journal 2019 679563

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 3C UTVIKLING AS. Revenue 42.6k NOK → 17.7k NOK (-58.5%). Equity 33.47m NOK → 34.69m NOK.

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

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

At a glance

Revenue

42.6k NOK 17.7k NOK

-58.5%

Operating result

-33.7k NOK -14.4k NOK

+57.3%

Net result

n/m +1.22m NOK

—

Equity

33.47m NOK 34.69m NOK

+3.6%

Cash

118.5k NOK 551.1k NOK

+365.1%

Total assets

48.09m NOK 34.69m NOK

-27.9%

↑
Operating result improved

Operating result -33.7k NOK → -14.4k NOK (op. margin -79.1% → -81.4%). Calculated
↑
Equity strengthened

Book equity 33.47m NOK → 34.69m NOK (equity ratio 69.6% → 100.0%). Calculated
↑
Cash rose

Bank deposits 118.5k NOK → 551.1k NOK (+365.1% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.01× → 37.69×. Calculated

↓
Revenue fell

Operating income / revenue moved from 42.6k NOK to 17.7k NOK (-58.5% YoY). Calculated

·
Book investments changed

Investment / intangible book value 22.84m NOK → 22.8k NOK. Reported fact