FirmaIQ
Org.nr 989 086 111 2017 → 2018 Year-over-year analysis

3RIV AS: årsregnskap 2018 vs 2017

Shrank 56% on revenue, weaker earnings

approved 2020-04-29; registry 2020-05-04; journal 2020 327438

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 3RIV AS. Revenue 218.1k NOK → 95.1k NOK (-56.4%). Net result +169.7k NOK → +4 869 NOK. Equity 1.12m NOK → 5.99m NOK.

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

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
218.1k NOK 95.1k NOK
-56.4%
Operating result
+111.0k NOK +31.5k NOK
-71.6%
Net result
+169.7k NOK +4 869 NOK
-97.1%
Equity
1.12m NOK 5.99m NOK
+434.4%
Cash
319 NOK 38.5k NOK
+11975.5%
Total assets
2.17m NOK 6.77m NOK
+212.0%

What improved

  • ↑

    Equity strengthened

    Book equity 1.12m NOK → 5.99m NOK (equity ratio 51.7% → 88.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 319 NOK → 38.5k NOK (+11975.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 218.1k NOK to 95.1k NOK (-56.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +111.0k NOK → +31.5k NOK (op. margin 50.9% → 33.1%). Calculated

  • ↓

    Net result weakened

    Net result +169.7k NOK → +4 869 NOK (net margin 77.8% → 5.1%). Calculated