Org.nr 912 187 691 2016 → 2017 Year-over-year analysis

3T FOSSEGRENDA AS: årsregnskap 2017 vs 2016

Shrank 45% on revenue, cash halved-plus, fresh owner capital

approved 2018-06-30; registry 2018-08-01; journal 2018 836157

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for 3T FOSSEGRENDA AS. Revenue 3.63m NOK → 2.00m NOK (-45.0%). Equity -1.79m NOK → 15.15m NOK.

On the constructive side: equity strengthened; owners injected capital. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3T FOSSEGRENDA AS.

At a glance

Revenue

3.63m NOK 2.00m NOK

-45.0%

Equity

-1.79m NOK 15.15m NOK

+948.2%

Cash

508.6k NOK 124.7k NOK

-75.5%

Total assets

1.33m NOK 21.11m NOK

+1483.2%

↑
Equity strengthened

Book equity -1.79m NOK → 15.15m NOK (equity ratio -133.9% → 71.8%). Calculated
↑
Owners injected capital

Paid-in equity rose 4.77m NOK → 15.15m NOK (+10.38m NOK). Reported fact

↓
Revenue fell

Operating income / revenue moved from 3.63m NOK to 2.00m NOK (-45.0% YoY). Calculated
↓
Cash fell

Bank deposits 508.6k NOK → 124.7k NOK (-75.5% YoY). Calculated

·
COGS fell

COGS / varekostnad 557.9k NOK → 204.5k NOK (-63.4% YoY). Calculated