3T CONSULT AS: årsregnskap 2017 vs 2016
Shrank 8% on revenue, weaker earnings, cash halved-plus
approved 2018-03-14; registry 2018-03-19; journal 2018 235759
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for 3T CONSULT AS. Revenue 2.51m NOK → 2.30m NOK (-8.3%). Net result +726.7k NOK → +277.0k NOK. Equity 236.8k NOK → 513.8k NOK.
On the constructive side: equity strengthened; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 236.8k NOK → 513.8k NOK (equity ratio 15.5% → 44.6%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.75× → 1.33×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.51m NOK to 2.30m NOK (-8.3% YoY). Calculated
-
↓
Operating result weakened
Operating result +982.0k NOK → +342.2k NOK (op. margin 39.1% → 14.9%). Calculated
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↓
Net result weakened
Net result +726.7k NOK → +277.0k NOK (net margin 28.9% → 12.0%). Calculated
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↓
Cash fell
Bank deposits 539.7k NOK → 202.0k NOK (-62.6% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.10m NOK → 1.49m NOK (44% → 65% of revenue). Calculated