Org.nr 989 434 667 2017 → 2018 Year-over-year analysis

3ESS KONSULENTSELSKAP AS: årsregnskap 2018 vs 2017

Shrank 28% on revenue, returned to profit

approved 2019-05-31; registry 2019-06-19; journal 2019 468717

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for 3ESS KONSULENTSELSKAP AS. Revenue 281.2k NOK → 201.3k NOK (-28.4%). Net result -24.7k NOK → +8 798 NOK. Equity 280.1k NOK → 288.9k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
281.2k NOK 201.3k NOK
-28.4%
Operating result
-25.8k NOK +17.9k NOK
+169.2%
Net result
-24.7k NOK +8 798 NOK
+135.7%
Equity
280.1k NOK 288.9k NOK
+3.1%
Cash
144.1k NOK 198.0k NOK
+37.4%
Total assets
436.0k NOK 466.8k NOK
+7.1%

What improved

  • ↑

    Operating result improved

    Operating result -25.8k NOK → +17.9k NOK (op. margin -9.2% → 8.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 24.7k NOK to a profit of 8 798 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 280.1k NOK → 288.9k NOK (equity ratio 64.2% → 61.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 144.1k NOK → 198.0k NOK (+37.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 141.5k NOK → 18.7k NOK (50% → 9% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 281.2k NOK to 201.3k NOK (-28.4% YoY). Calculated