Org.nr 988 899 194 2011 → 2012 Year-over-year analysis

3H HOLDING AS: årsregnskap 2012 vs 2011

Shrank 66% on revenue, returned to profit

approved 2013-10-16; registry 2013-10-23; journal 2013 844258

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for 3H HOLDING AS. Revenue 285.0k NOK → 96.0k NOK (-66.3%). Net result -4.47m NOK → +4.42m NOK. Equity 5.43m NOK → 9.15m NOK.

On the constructive side: turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.

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

Scorecard

Revenue
285.0k NOK 96.0k NOK
-66.3%
Operating result
-220.5k NOK n/m
—
Net result
-4.47m NOK +4.42m NOK
+198.7%
Equity
5.43m NOK 9.15m NOK
+68.4%
Cash
43.3k NOK 28.0k NOK
-35.2%
Total assets
8.10m NOK 12.44m NOK
+53.6%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 4.47m NOK to a profit of 4.42m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 5.43m NOK → 9.15m NOK (equity ratio 67.1% → 73.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 285.0k NOK to 96.0k NOK (-66.3% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 43.3k NOK → 28.0k NOK (-35.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 4 578 NOK → 8 NOK. Reported fact