FirmaIQ
Org.nr 917 867 119 2017 → 2018 Year-over-year analysis

3T PRODUKTER AS: årsregnskap 2018 vs 2017

Grew 9% on revenue, cash halved-plus

approved 2019-06-30; registry 2019-07-17; journal 2019 732569

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 3T PRODUKTER AS. Revenue 42.17m NOK → 46.15m NOK (+9.4%). Equity 1.31m NOK → 9.96m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for 3T PRODUKTER AS.

At a glance

Scorecard

Revenue
42.17m NOK 46.15m NOK
+9.4%
Equity
1.31m NOK 9.96m NOK
+662.4%
Cash
184.27m NOK 65.18m NOK
-64.6%
Total assets
327.51m NOK 201.07m NOK
-38.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 42.17m NOK to 46.15m NOK (+9.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.31m NOK → 9.96m NOK (equity ratio 0.4% → 5.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 184.27m NOK → 65.18m NOK (-64.6% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (184.27m NOK → 65.18m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 5.58m NOK → 5.10m NOK (-8.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → -7 000 NOK. Reported fact