Org.nr 887 383 782 2015 → 2016 Year-over-year analysis

3T EIENDOM AS: årsregnskap 2016 vs 2015

Shrank 34% on revenue

approved 2017-07-07; registry 2017-08-08; journal 2017 834214

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2016 with 2015 for 3T EIENDOM AS. Revenue 30.38m NOK → 19.90m NOK (-34.5%). Net result +739 NOK → +9 778 NOK. Equity 22.16m NOK → 11.44m NOK.

On the constructive side: net result improved; cash rose. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for 3T EIENDOM AS.

Scorecard

Revenue
30.38m NOK 19.90m NOK
-34.5%
Operating result
n/m -7.31m NOK
—
Net result
+739 NOK +9 778 NOK
+1223.1%
Equity
22.16m NOK 11.44m NOK
-48.4%
Cash
188.0k NOK 908.3k NOK
+383.0%
Total assets
260.66m NOK 193.90m NOK
-25.6%

What improved

  • ↑

    Net result improved

    Net result +739 NOK → +9 778 NOK (net margin 0.0% → 0.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 188.0k NOK → 908.3k NOK (+383.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 30.38m NOK to 19.90m NOK (-34.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 22.16m NOK → 11.44m NOK (equity ratio 8.5% → 5.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 16.47m NOK → 6.71m NOK. Reported fact