Org.nr 989 571 702 2017 → 2018 Year-over-year analysis

3ET MANAGEMENT AS: årsregnskap 2018 vs 2017

Grew 11% on revenue, cash halved-plus

approved 2019-06-25; registry 2019-07-03; journal 2019 583987

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 3ET MANAGEMENT AS. Revenue 7.88m NOK → 8.75m NOK (+11.1%). Equity 15.18m NOK → 16.93m NOK.

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

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

At a glance

Revenue

7.88m NOK 8.75m NOK

+11.1%

Operating result

+3.12m NOK +3.15m NOK

+0.8%

Net result

n/m +1.75m NOK

—

Equity

15.18m NOK 16.93m NOK

+11.5%

Cash

96.8k NOK 4 151 NOK

-95.7%

Total assets

31.71m NOK 31.79m NOK

+0.3%

↑
Revenue rose

Operating income / revenue moved from 7.88m NOK to 8.75m NOK (+11.1% YoY). Calculated
↑
Operating result improved

Operating result +3.12m NOK → +3.15m NOK (op. margin 39.7% → 36.0%). Calculated
↑
Equity strengthened

Book equity 15.18m NOK → 16.93m NOK (equity ratio 47.9% → 53.3%). Calculated

·
COGS moved

COGS / varekostnad 4.22m NOK → 4.68m NOK (+11.1% YoY). Calculated
·
Book investments changed

Investment / intangible book value 9.54m NOK → 10.03m NOK. Reported fact