Org.nr 991 310 517 2016 → 2017 Year-over-year analysis

3DTO1 AS: årsregnskap 2017 vs 2016

Shrank 49% on revenue

approved 2018-05-28; registry 2018-06-20; journal 2018 515775

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 3DTO1 AS. Revenue 12.41m NOK → 6.37m NOK (-48.6%). Equity 2.31m NOK → 1.62m NOK.

On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3DTO1 AS.

At a glance

Revenue

12.41m NOK 6.37m NOK

-48.6%

Equity

2.31m NOK 1.62m NOK

-29.7%

Cash

1.41m NOK 1.10m NOK

-22.1%

Total assets

4.93m NOK 4.57m NOK

-7.4%

↑
Current ratio back above 1×

Current ratio 0.98× → 1.02×. Calculated
↑
Payroll decreased

Salary cost 11.59m NOK → 6.32m NOK (93% → 99% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 12.41m NOK to 6.37m NOK (-48.6% YoY). Calculated
↓
Equity eroded

Book equity 2.31m NOK → 1.62m NOK (equity ratio 46.9% → 35.6%). Calculated
↓
Cash fell

Bank deposits 1.41m NOK → 1.10m NOK (-22.1% YoY). Calculated

·
Book investments changed

Investment / intangible book value 40.0k NOK → 30.0k NOK. Reported fact