3ESS KONSULENTSELSKAP AS: årsregnskap 2007 vs 2006
Grew 126493% on revenue, weaker earnings, cash halved-plus
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for 3ESS KONSULENTSELSKAP AS. Revenue 6 402 NOK → 8.10m NOK (+126492.6%). Net result +483.7k NOK → +280.9k NOK. Equity 585.9k NOK → 860.8k NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: sharp cash drawdown; cogs moved. All figures are taken from the published annual accounts for 3ESS KONSULENTSELSKAP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6 402 NOK to 8.10m NOK (+126492.6% YoY). Calculated
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↑
Equity strengthened
Book equity 585.9k NOK → 860.8k NOK (equity ratio 130.9% → 34.4%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.31× → 1.25×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +718.2k NOK → +416.8k NOK (op. margin 11217.9% → 5.1%). Calculated
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↓
Net result weakened
Net result +483.7k NOK → +280.9k NOK (net margin 7556.1% → 3.5%). Calculated
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↓
Cash fell
Bank deposits 1.44m NOK → 384.9k NOK (-73.4% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.44m NOK → 384.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS moved
COGS / varekostnad 1 691 NOK → 2.34m NOK (+138319.9% YoY). Calculated