3ET MANAGEMENT AS: årsregnskap 2007 vs 2006
Grew 210967% on revenue, stronger earnings
approved 2008-05-10; registry 2008-07-03
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for 3ET MANAGEMENT AS. Revenue 3 277 NOK → 6.92m NOK (+210966.7%). Net result +3 813 NOK → +49.5k NOK. Equity 668.3k NOK → 1 158 NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 3ET MANAGEMENT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3 277 NOK to 6.92m NOK (+210966.7% YoY). Calculated
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↑
Net result improved
Net result +3 813 NOK → +49.5k NOK (net margin 116.4% → 0.7%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +3 813 NOK → +1 187 NOK (op. margin 116.4% → 0.0%). Calculated
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↓
Equity eroded
Book equity 668.3k NOK → 1 158 NOK (equity ratio 110.5% → 0.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 85 NOK → 7 335 NOK. Reported fact