FirmaIQ
Org.nr 980 378 616 2017 → 2018 Year-over-year analysis

3T STJØRDAL AS: årsregnskap 2018 vs 2017

Weaker earnings, cash halved-plus

approved 2019-04-26; registry 2019-05-11; journal 2019 322259

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for 3T STJØRDAL AS. Revenue 7.30m NOK → 7.32m NOK (+0.3%). Net result +907.4k NOK → +623.2k NOK. Equity 512.3k NOK → 335.5k NOK.

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

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

At a glance

Scorecard

Revenue
7.30m NOK 7.32m NOK
+0.3%
Net result
+907.4k NOK +623.2k NOK
-31.3%
Equity
512.3k NOK 335.5k NOK
-34.5%
Cash
930.7k NOK 365.3k NOK
-60.7%
Total assets
2.47m NOK 2.06m NOK
-16.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 7.30m NOK to 7.32m NOK (+0.3% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +907.4k NOK → +623.2k NOK (net margin 12.4% → 8.5%). Calculated

  • ↓

    Equity eroded

    Book equity 512.3k NOK → 335.5k NOK (equity ratio 20.7% → 16.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 930.7k NOK → 365.3k NOK (-60.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.74m NOK → 3.20m NOK (38% → 44% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 139.5k NOK → 113.6k NOK (-18.5% YoY). Calculated