Org.nr 995 856 182 2017 → 2018 Year-over-year analysis

3MT COMMUNICATIONS AS: årsregnskap 2018 vs 2017

Weaker earnings

approved 2019-06-22; registry 2019-07-02; journal 2019 582561

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for 3MT COMMUNICATIONS AS. Revenue 2.63m NOK → 2.70m NOK (+2.7%). Net result +114.7k NOK → +84.8k NOK. Equity -951.6k NOK → 11.13m NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
2.63m NOK 2.70m NOK
+2.7%
Operating result
+115.4k NOK +297.3k NOK
+157.5%
Net result
+114.7k NOK +84.8k NOK
-26.1%
Equity
-951.6k NOK 11.13m NOK
+1270.0%
Cash
70.2k NOK 248.1k NOK
+253.7%
Total assets
1.82m NOK 6.54m NOK
+259.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.63m NOK to 2.70m NOK (+2.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +115.4k NOK → +297.3k NOK (op. margin 4.4% → 11.0%). Calculated

  • ↑

    Equity strengthened

    Book equity -951.6k NOK → 11.13m NOK (equity ratio -52.2% → 170.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 70.2k NOK → 248.1k NOK (+253.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.24× → 1.06×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +114.7k NOK → +84.8k NOK (net margin 4.4% → 3.1%). Calculated