FirmaIQ
Org.nr 887 383 782 2017 → 2018 Year-over-year analysis

3T EIENDOM AS: årsregnskap 2018 vs 2017

Mixed movements in the accounts

approved 2019-06-30; registry 2019-07-11; journal 2019 676727

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 3T EIENDOM AS. Revenue 18.60m NOK → 17.76m NOK (-4.5%). Equity 2.57m NOK → 1.49m NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for 3T EIENDOM AS.

At a glance

Scorecard

Revenue
18.60m NOK 17.76m NOK
-4.5%
Operating result
+2.49m NOK n/m
—
Equity
2.57m NOK 1.49m NOK
-42.1%
Cash
902.5k NOK 560.9k NOK
-37.8%
Total assets
188.24m NOK 165.12m NOK
-12.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 18.60m NOK to 17.76m NOK (-4.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 2.57m NOK → 1.49m NOK (equity ratio 1.4% → 0.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 902.5k NOK → 560.9k NOK (-37.8% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 483.9k NOK → 10.48m NOK (3% → 59% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 5.04m NOK → 1.49m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 15.0k NOK → 328 NOK (-97.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 6.41m NOK → 6.11m NOK. Reported fact