3NOR EIENDOM AS: årsregnskap 2018 vs 2017
Shrank 82% on revenue, weaker earnings
approved 2019-06-30; registry 2019-07-09; journal 2019 643717
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for 3NOR EIENDOM AS. Revenue 768.0k NOK → 141.6k NOK (-81.6%). Net result +237.6k NOK → +8 NOK. Equity 8.32m NOK → 573.7k NOK.
On the constructive side: operating result improved; cash rose. Pressures included: revenue fell; net result weakened; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +236.9k NOK → +265.3k NOK (op. margin 30.8% → 187.4%). Calculated
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↑
Cash rose
Bank deposits 182.3k NOK → 197.7k NOK (+8.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 768.0k NOK to 141.6k NOK (-81.6% YoY). Calculated
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↓
Net result weakened
Net result +237.6k NOK → +8 NOK (net margin 30.9% → 0.0%). Calculated
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↓
Equity eroded
Book equity 8.32m NOK → 573.7k NOK (equity ratio 1052.1% → 896.9%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.28× → -4.08× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
COGS moved
COGS / varekostnad 261.2k NOK → 569.0k NOK (+117.8% YoY). Calculated