Org.nr 980 378 616 2016 → 2017 Year-over-year analysis

3T STJØRDAL AS: årsregnskap 2017 vs 2016

Shrank 8% on revenue

approved 2018-06-30; registry 2018-07-19; journal 2018 731931

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2017 with 2016 for 3T STJØRDAL AS. Revenue 7.93m NOK → 7.30m NOK (-8.0%). Net result +920.2k NOK → +907.4k NOK. Equity 504.9k NOK → 512.3k NOK.

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

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

Scorecard

Revenue
7.93m NOK 7.30m NOK
-8.0%
Operating result
+1.23m NOK n/m
—
Net result
+920.2k NOK +907.4k NOK
-1.4%
Equity
504.9k NOK 512.3k NOK
+1.5%
Cash
765.4k NOK 930.7k NOK
+21.6%
Total assets
2.59m NOK 2.47m NOK
-4.5%

What improved

  • ↑

    Equity strengthened

    Book equity 504.9k NOK → 512.3k NOK (equity ratio 19.5% → 20.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 765.4k NOK → 930.7k NOK (+21.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.20m NOK → 2.74m NOK (40% → 38% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.93m NOK to 7.30m NOK (-8.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 211.3k NOK → 139.5k NOK (-34.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 60.5k NOK → 30.5k NOK. Reported fact