Org.nr 989 127 918 2017 → 2018 Year-over-year analysis

3K HOLDING AS: årsregnskap 2018 vs 2017

Shrank 17% on revenue

approved 2019-06-30; registry 2019-07-16; journal 2019 720696

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 3K HOLDING AS. Revenue 10.29m NOK → 8.58m NOK (-16.6%). Equity 11.55m NOK → 10.14m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

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

At a glance

Revenue

10.29m NOK 8.58m NOK

-16.6%

Equity

11.55m NOK 10.14m NOK

-12.2%

Cash

42.2k NOK 2.13m NOK

+4943.8%

Total assets

23.31m NOK 16.76m NOK

-28.1%

↑
Cash rose

Bank deposits 42.2k NOK → 2.13m NOK (+4943.8% YoY). Calculated
↑
Payroll decreased

Salary cost 3.45m NOK → 1.64m NOK (34% → 19% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 10.29m NOK to 8.58m NOK (-16.6% YoY). Calculated
↓
Equity eroded

Book equity 11.55m NOK → 10.14m NOK (equity ratio 49.6% → 60.5%). Calculated

·
Book investments changed

Investment / intangible book value 15.20m NOK → 2.80m NOK. Reported fact