Org.nr 994 203 002 2017 → 2018 Year-over-year analysis

3T SOLSIDEN AS: årsregnskap 2018 vs 2017

Grew 11% on revenue

approved 2019-06-30; registry 2019-07-11; journal 2019 683963

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for 3T SOLSIDEN AS. Revenue 16.81m NOK → 18.72m NOK (+11.4%). Equity 378.0k NOK → 399.6k NOK.

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

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

Scorecard

Revenue
16.81m NOK 18.72m NOK
+11.4%
Equity
378.0k NOK 399.6k NOK
+5.7%
Cash
459.6k NOK 485.7k NOK
+5.7%
Total assets
5.78m NOK 6.15m NOK
+6.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 16.81m NOK to 18.72m NOK (+11.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 378.0k NOK → 399.6k NOK (equity ratio 6.5% → 6.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 459.6k NOK → 485.7k NOK (+5.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 436.3k NOK → 408.2k NOK (-6.4% YoY). Calculated