3J INVEST AS: årsregnskap 2017 vs 2016
Shrank 35% on revenue, weaker earnings
approved 2018-06-25; registry 2018-07-02; journal 2018 591948
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 3J INVEST AS. Revenue 933.8k NOK → 602.9k NOK (-35.4%). Net result +311.5k NOK → +208.5k NOK. Equity 3.05m NOK → 2.75m NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 1.09m NOK → 1.12m NOK (+2.9% YoY). Calculated
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↑
Payroll decreased
Salary cost 624.4k NOK → 377.5k NOK (67% → 63% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 933.8k NOK to 602.9k NOK (-35.4% YoY). Calculated
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↓
Operating result weakened
Operating result +291.7k NOK → +202.4k NOK (op. margin 31.2% → 33.6%). Calculated
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↓
Net result weakened
Net result +311.5k NOK → +208.5k NOK (net margin 33.4% → 34.6%). Calculated
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↓
Equity eroded
Book equity 3.05m NOK → 2.75m NOK (equity ratio 97.9% → 95.8%). Calculated