Org.nr 989 571 702 2013 → 2014 Year-over-year analysis

3ET MANAGEMENT AS: årsregnskap 2014 vs 2013

Grew 145530% on revenue

approved 2015-06-30; registry 2015-08-08; journal 2015 688682

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2014 with 2013 for 3ET MANAGEMENT AS. Revenue 6 382 NOK → 9.29m NOK (+145530.3%). Equity 6.74m NOK → 8.52m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3ET MANAGEMENT AS.

Scorecard

Revenue
6 382 NOK 9.29m NOK
+145530.3%
Equity
6.74m NOK 8.52m NOK
+26.4%
Cash
143.4k NOK 234.4k NOK
+63.4%
Total assets
14.65m NOK 19.76m NOK
+34.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6 382 NOK to 9.29m NOK (+145530.3% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 6.74m NOK → 8.52m NOK (equity ratio 46.0% → 43.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 143.4k NOK → 234.4k NOK (+63.4% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 10.35× → 0.63× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 236 NOK → 5 439 NOK. Reported fact