Org.nr 988 899 194 2016 → 2017 Year-over-year analysis

3H HOLDING AS: årsregnskap 2017 vs 2016

Grew 7% on revenue

approved 2018-06-30; registry 2018-07-19; journal 2018 729199

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 3H HOLDING AS. Revenue 298.5k NOK → 319.2k NOK (+6.9%). Equity 11.97m NOK → 11.94m NOK.

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

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

At a glance

Revenue

298.5k NOK 319.2k NOK

+6.9%

Operating result

-95.5k NOK +18.0k NOK

+118.9%

Net result

+782.2k NOK n/m

—

Equity

11.97m NOK 11.94m NOK

-0.3%

Cash

45.3k NOK 108.9k NOK

+140.4%

Total assets

13.80m NOK 14.05m NOK

+1.9%

↑
Revenue rose

Operating income / revenue moved from 298.5k NOK to 319.2k NOK (+6.9% YoY). Calculated
↑
Operating result improved

Operating result -95.5k NOK → +18.0k NOK (op. margin -32.0% → 5.6%). Calculated
↑
Cash rose

Bank deposits 45.3k NOK → 108.9k NOK (+140.4% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.11× → 1.13×. Calculated

↓
Equity eroded

Book equity 11.97m NOK → 11.94m NOK (equity ratio 86.8% → 85.0%). Calculated

·
Book investments changed

Investment / intangible book value 2.51m NOK → 2.76m NOK. Reported fact