Org.nr 988 389 846 2007 → 2008 Year-over-year analysis

3NET AS: årsregnskap 2008 vs 2007

Grew 36% on revenue, weaker earnings, fresh owner capital

approved 2009-06-16; registry 2009-07-06

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2008 with 2007 for 3NET AS. Revenue 8.93m NOK → 12.16m NOK (+36.1%). Net result -69.6k NOK → -179.3k NOK. Equity 398.0k NOK → 364.6k NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: net result weakened; equity eroded; cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for 3NET AS.

Scorecard

Revenue
8.93m NOK 12.16m NOK
+36.1%
Net result
-69.6k NOK -179.3k NOK
-157.5%
Equity
398.0k NOK 364.6k NOK
-8.4%
Cash
933.2k NOK 512.6k NOK
-45.1%
Total assets
2.65m NOK 2.48m NOK
-6.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.93m NOK to 12.16m NOK (+36.1% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 500.0k NOK → 682.3k NOK (+182.3k NOK). Reported fact

What deteriorated

  • ↓

    Net result weakened

    Net result -69.6k NOK → -179.3k NOK (net margin -0.8% → -1.5%). Calculated

  • ↓

    Equity eroded

    Book equity 398.0k NOK → 364.6k NOK (equity ratio 15.0% → 14.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 933.2k NOK → 512.6k NOK (-45.1% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 3.09m NOK → 8.10m NOK (+162.3% YoY). Calculated