FirmaIQ
Org.nr 989 086 111 2016 → 2017 Year-over-year analysis

3RIV AS: årsregnskap 2017 vs 2016

Shrank 47% on revenue, weaker earnings, cash halved-plus

approved 2018-12-27; registry 2019-02-04; journal 2019 205200

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 3RIV AS. Revenue 414.6k NOK → 218.1k NOK (-47.4%). Net result +232.44m NOK → +169.7k NOK. Equity 1.08m NOK → 1.12m NOK.

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

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

At a glance

Scorecard

Revenue
414.6k NOK 218.1k NOK
-47.4%
Operating result
+130.81bn NOK +111.0k NOK
-100.0%
Net result
+232.44m NOK +169.7k NOK
-99.9%
Equity
1.08m NOK 1.12m NOK
+3.8%
Cash
59.7k NOK 319 NOK
-99.5%
Total assets
1.98m NOK 2.17m NOK
+9.4%

What improved

  • ↑

    Equity strengthened

    Book equity 1.08m NOK → 1.12m NOK (equity ratio 54.5% → 51.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 414.6k NOK to 218.1k NOK (-47.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +130.81bn NOK → +111.0k NOK (op. margin 31551053.9% → 50.9%). Calculated

  • ↓

    Net result weakened

    Net result +232.44m NOK → +169.7k NOK (net margin 56064.9% → 77.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 59.7k NOK → 319 NOK (-99.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 482.3k NOK → 40.0k NOK. Reported fact