3S EIENDOMS INVEST AS: årsregnskap 2017 vs 2016
Grew 15% on revenue
approved 2018-06-14; registry 2018-06-23; journal 2018 530924
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 3S EIENDOMS INVEST AS. Revenue 2.34m NOK → 2.69m NOK (+14.8%). Equity 2.22m NOK → 2.98m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for 3S EIENDOMS INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.34m NOK to 2.69m NOK (+14.8% YoY). Calculated
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↑
Equity strengthened
Book equity 2.22m NOK → 2.98m NOK (equity ratio 10.2% → 8.5%). Calculated
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↑
Cash rose
Bank deposits 593.4k NOK → 844.5k NOK (+42.3% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 24.69× → 0.89× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 8.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 173.2k NOK → 377.2k NOK (7% → 14% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 652.4k NOK → 299.7k NOK (-54.1% YoY). Calculated