Org.nr 989 434 667 2007 → 2008 Year-over-year analysis

3ESS KONSULENTSELSKAP AS: årsregnskap 2008 vs 2007

Shrank 14% on revenue, slipped into loss

approved 2009-04-02; registry 2009-08-19

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for 3ESS KONSULENTSELSKAP AS. Revenue 8.10m NOK → 6.95m NOK (-14.2%). Net result +280.9k NOK → -93.7k NOK. Equity 860.8k NOK → 767.1k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3ESS KONSULENTSELSKAP AS.

Scorecard

Revenue
8.10m NOK 6.95m NOK
-14.2%
Operating result
+416.8k NOK n/m
—
Net result
+280.9k NOK -93.7k NOK
-133.4%
Equity
860.8k NOK 767.1k NOK
-10.9%
Cash
384.9k NOK 735.8k NOK
+91.1%
Total assets
2.50m NOK 2.08m NOK
-17.0%

What improved

  • ↑

    Cash rose

    Bank deposits 384.9k NOK → 735.8k NOK (+91.1% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.10m NOK to 6.95m NOK (-14.2% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 280.9k NOK profit to a loss of 93.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 860.8k NOK → 767.1k NOK (equity ratio 34.4% → 36.9%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.34m NOK → 1.68m NOK (-28.2% YoY). Calculated