Org.nr 887 383 782 2016 → 2017 Year-over-year analysis

3T EIENDOM AS: årsregnskap 2017 vs 2016

Shrank 7% on revenue, fresh owner capital

approved 2018-06-30; registry 2018-08-01; journal 2018 835181

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 3T EIENDOM AS. Revenue 19.90m NOK → 18.60m NOK (-6.5%). Equity 11.44m NOK → 2.57m NOK.

On the constructive side: operating result improved; owners injected capital. Pressures included: revenue fell; equity eroded; cash fell.

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

Scorecard

Revenue
19.90m NOK 18.60m NOK
-6.5%
Operating result
-7.31m NOK +2.49m NOK
+134.0%
Net result
+9 778 NOK n/m
—
Equity
11.44m NOK 2.57m NOK
-77.5%
Cash
908.3k NOK 902.5k NOK
-0.6%
Total assets
193.90m NOK 188.24m NOK
-2.9%

What improved

  • ↑

    Operating result improved

    Operating result -7.31m NOK → +2.49m NOK (op. margin -36.7% → 13.4%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.15m NOK → 5.04m NOK (+3.89m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 19.90m NOK to 18.60m NOK (-6.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 11.44m NOK → 2.57m NOK (equity ratio 5.9% → 1.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 908.3k NOK → 902.5k NOK (-0.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 6.71m NOK → 6.41m NOK. Reported fact