3T INVEST AS: årsregnskap 2004 vs 2003
Shrank 71% on revenue, slipped into loss
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for 3T INVEST AS. Revenue 535.7k NOK → 157.5k NOK (-70.6%). Net result +30.1k NOK → -67.4k NOK. Equity 210.1k NOK → 142.7k NOK.
Pressures included: revenue fell; fell into a net loss; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
535.7k NOK
157.5k NOK
-70.6%
Operating result
+44.7k NOK
n/m
—
Net result
+30.1k NOK
-67.4k NOK
-324.0%
Equity
210.1k NOK
142.7k NOK
-32.1%
Cash
306 NOK
n/m
—
Total assets
567.8k NOK
148.1k NOK
-73.9%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 535.7k NOK to 157.5k NOK (-70.6% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 30.1k NOK profit to a loss of 67.4k NOK. Calculated
-
↓
Equity eroded
Book equity 210.1k NOK → 142.7k NOK (equity ratio 37.0% → 96.4%). Calculated