3ESS KONSULENTSELSKAP AS: årsregnskap 2017 vs 2016
Shrank 69% on revenue, slipped into loss
approved 2018-06-14; registry 2018-08-02; journal 2018 849012
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 3ESS KONSULENTSELSKAP AS. Revenue 893.1k NOK → 281.2k NOK (-68.5%). Net result +133.6k NOK → -24.7k NOK. Equity 304.7k NOK → 280.1k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3ESS KONSULENTSELSKAP AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 255.4k NOK → 141.5k NOK (29% → 50% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 893.1k NOK to 281.2k NOK (-68.5% YoY). Calculated
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↓
Operating result weakened
Operating result +893.1k NOK → -25.8k NOK (op. margin 100.0% → -9.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 133.6k NOK profit to a loss of 24.7k NOK. Calculated
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↓
Equity eroded
Book equity 304.7k NOK → 280.1k NOK (equity ratio 68.3% → 64.2%). Calculated
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↓
Cash fell
Bank deposits 179.2k NOK → 144.1k NOK (-19.6% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 33.9k NOK → 13.4k NOK (-60.5% YoY). Calculated