Org.nr 988 389 846 2017 → 2018 Year-over-year analysis

3NET AS: årsregnskap 2018 vs 2017

Mixed movements in the accounts

approved 2019-05-31; registry 2019-06-25; journal 2019 526684

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 3NET AS. Revenue 44.40m NOK → 43.36m NOK (-2.3%). Equity 2.90m NOK → 2.90m NOK.

Pressures included: revenue fell; cash fell; current ratio dropped below 1×.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 3NET AS.

At a glance

Revenue

44.40m NOK 43.36m NOK

-2.3%

Equity

2.90m NOK 2.90m NOK

-0.0%

Cash

5.36m NOK 4.76m NOK

-11.2%

Total assets

11.24m NOK 23.69m NOK

+110.8%

↓
Revenue fell

Operating income / revenue moved from 44.40m NOK to 43.36m NOK (-2.3% YoY). Calculated
↓
Cash fell

Bank deposits 5.36m NOK → 4.76m NOK (-11.2% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.01× → 0.85× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
COGS fell

COGS / varekostnad 26.54m NOK → 25.70m NOK (-3.2% YoY). Calculated
·
Book investments changed

Investment / intangible book value 644 NOK → 644.4k NOK. Reported fact