FirmaIQ
Org.nr 998 509 882 2017 → 2018 Year-over-year analysis

3T HOLDING AS: årsregnskap 2018 vs 2017

Grew 90% on revenue, stronger earnings, cash halved-plus

approved 2019-06-25; registry 2019-07-11; journal 2019 677915

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 3T HOLDING AS. Revenue 800.7k NOK → 1.52m NOK (+89.7%). Net result +434.6k NOK → +1.26m NOK. Equity 55.56m NOK → 54.82m NOK.

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

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for 3T HOLDING AS.

At a glance

Scorecard

Revenue
800.7k NOK 1.52m NOK
+89.7%
Operating result
+1 488 NOK n/m
—
Net result
+434.6k NOK +1.26m NOK
+189.9%
Equity
55.56m NOK 54.82m NOK
-1.3%
Cash
8.07m NOK 2.60m NOK
-67.8%
Total assets
55.71m NOK 57.21m NOK
+2.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 800.7k NOK to 1.52m NOK (+89.7% YoY). Calculated

  • ↑

    Net result improved

    Net result +434.6k NOK → +1.26m NOK (net margin 54.3% → 82.9%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 55.56m NOK → 54.82m NOK (equity ratio 99.7% → 95.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 8.07m NOK → 2.60m NOK (-67.8% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (8.07m NOK → 2.60m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation